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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: hcirteg who wrote (2390)3/10/1998 9:37:00 PM
From: John Curtis  Read Replies (2) of 27311
 
HC: VLNC appears to be repeating the pattern established the last time it was down around $5. That is, it languishes with a slight negative bias and lousy volume(at this point those who believe have either bought all they can, or are like me and have a disciplined buy zone which is exercised every time VLNC hits it, all others are probably awaiting conclusive news). Indeed, the negative bias is probably due to the fact that the only transactions occurring are most likely sales(excepting that disciplined buying approach), hence.........weell, to recall an 'ol Paul Simon tune....."Slip sliding awayyyyyyy." Ahem.

On another note, I've put a call into the CFO. The reason? I'm in desperate need of a vacation(haven't had one in longer than I care to admit), and since I live in the N.E., it's a short hop across the "puddle" to Ireland.......I'd love to see the inside of the Mallusk plant. Let's see if he responds.....

John~
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