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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (1616)12/9/1997 12:53:00 PM
From: shasta23  Read Replies (3) of 27311
 
HI FMK!

You posted someone else's post where he stated that "people are buying this stock and i mean big money people "

How does come up with this idea? The technical action of the stock is devastating lately and reflects a vote to trust the company less. I think Cal stood for some decency after the hyped and failed first attempt. Now the ole guard is back and that's not something that increases confidence in the company. That's why the price dropped. People remembered the law suit and Dawson's conncetion to it...now this guy is back...mmmhhh...will history repeat itself?

I find it really that there is no statement to clarify the situation a little bit and take out some of the uncertainity related to the change.
But i bet you have a positive spin on that one too!

Stefan
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