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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: J. Liu who wrote (1199)10/28/1997 12:52:00 AM
From: Tickertype  Read Replies (1) of 27311
 
You are absolutely right, this is a real buying opportunity.
Considering I've bought as high as $9 1/2, this is a real bargain.
I imagine an absolute flood of margin calls went out today, and some people were forced to sell some VLNC to stay afloat, causing the one point drop. I don't think many people gave up their Valence shares out of fear over what's happening in the broader market.

Regards,

- T -
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