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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (1883)1/6/1998 6:26:00 PM
From: Paul Dubsky  Read Replies (1) of 27311
 
I'm with you FMK. While I concur with John that stock price prediction is like trying to guess the next earthquake, I appreciate your optimism, even if it "seems" far fetched, expecially now that we're hovering at $5 rather than $15!

Speaking of volume.....was today the lowest volume day in the history of VLNC trading? Less than 20,000 shares, I think, all day! On a down day in the market, certainly apprears that the holders of VLNC stock are hanging in there. Is it the calm before the storm? I certainly hope if there's a storm brewing, that it's an uplifting rather than demoralizing one. I don't think I could take another threat down in the low $4s, other than to buy more!

I liquidated my PETM shares yesterday at $7 9/16, bought some Next Level (NLV) as a safe mid-cap play and one that certainly looks like it has a very bright future. But, I still maintained some cash to buy on any further dips.

Good luck to you.
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