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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Bill Holton who wrote (2138)2/13/1998 12:52:00 PM
From: shasta23  Read Replies (1) of 27311
 
What do you mean with technical rally? The market was recovering from 7600 to 8200 and VLNC was doing nothing except moving between 5 and 4 1/2. So it's hard to believe for methat this is a technical surge. From a TA standpoint this stock should've been sold long time ago but from a potential point of view it was a hold for me even in the darkest hours.
So my guess is that this is all based on speculation on good news from the conference call and i fear that if they don't announce something positive that the stock might fall back. Let's hope for good news!

Stefan

P.S. our baby goes like a rocket again. Up a full point and now close to break even for me. GO VLNC!
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