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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (1282)11/7/1997 10:59:00 AM
From: mad dog  Read Replies (2) of 27311
 
Greetings all,

I live in the Detroit area, and heard Don Wolanchuk on the radio this morning (he owns a business in Roseville, MI). I had never heard of him until recently; with all the turbulence in the markets the last few weeks, this radio station has adopted him as their "market guru". He said the Dow would drop 150-300 points today (looks like that is a definite possibility). The one individual stock he mentioned was Valence. "One of those home run stocks", as he put it. "Very upbeat" is a mild statement, IMO. I don't even want to repeat his target price for fear of being accused of hyping.
I had never heard of Valence before today, but am definitely interested in learning more now!

Mark
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