VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: DKR who wrote (2398)	3/11/1998 9:58:00 PM
From: FMK	Read Replies (1) of 27311

DKR, It's a good sign that still another institution is getting involved. It may explain the additional support in the low 5's. I recently spoke with shareholders worried over the lack of news. A few days ago one spoke of selling several thousand shares. I believe some savvy institutions are acquiring such worried/impatient shares in preparation for the nice gains we have been waiting so long for. It again reminds me of a recent statement by a shareholder who runs an investment club in a large city.."Those that dump Valence in frustration will probably do so just prior to when the eighth cylinder finally kicks in" Thanks again for the news from IBD! Regards, FMK

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