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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: shasta23 who wrote (1693)12/11/1997 3:17:00 PM
From: Matthew Leo  Read Replies (1) of 27311
 
Stefan - 3 to 5 bagger ($12 to 20) from 4 1/8 where the stock was when I gave that opinion.

Paul - Fishy, because a look at the chart (to my eyes) reveals selling before the Cal Reed announcement. Fishy, because a more appropriate announcement would have had a summary from Cal about where
he's taken the company todate and from Lev about where we are going.

Buy - because the confusion that's resulted from the above has created a bargain. Buyers are getting a company miles ahead of where it was every other time the price traded at these levels.
If you believe they can't produce batteries sell, if you believe they can buy.

regards
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