VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: mooter775 who wrote (1197)	10/27/1997 12:04:00 PM
From: John Curtis	Read Replies (1) of 27311

Meanwhile; the market's taking it on the chin and our little lifeboat, eh.....in deference to a prior posters comment...ship, seems to be holding up well. Although VLNC's traded pretty much in lockstep with ULBI these past few weeks, at this point it seems to be holding up a tad better. It looks to be a good vantage point from which to view the market carnage. On an economic footnote; with the Asian communities devaluing their currency, what's the likelihood that they'll attempt to counter their malaise by cranking up their export engine to redline RPM's? And if that happens what's the likelihood of too much production chasing too few buyers? Does the fancy, 90's speak terminology of "deflation," apply in that case? Regards! John~

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