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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: John Curtis who wrote (1515)12/4/1997 11:19:00 AM
From: Matthew Leo  Read Replies (1) of 27311
 
John - a tick chart at the moment shows a bottom. The slide stopped with an 8500 share buy 5 5/16 at 10:19:38.

Looking out longer term, we are as oversold here as we were overbought at 10.

It also is interesting to note that this resembles last Dec. - irrational end of year selling... let's hope for the strong buying in January.

regards, matt
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