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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: shasta23 who wrote (1541)12/5/1997 12:02:00 AM
From: golden_tee   Read Replies (2) of 27311
 
I spent the day watching VLNC trade today on Quotrek, and really found the price/volume action questionable. I had to jump in today and buy even more due to what I viewed as "irregular" price/volume action. I do not believe for a second that the current decline is "real" in the sense that it is being caused by genuine selling. The final closing price today was purely the MM's, not trading action. Get the Time/Sale record today and make your own judgements. My prediction is still for $15+ near term if the batteries ship this quarter!

Best of luck to all,
Bob
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