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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Peter O. who wrote (2946)5/20/1998 9:26:00 PM
From: Larry Brubaker  Read Replies (2) of 27311
 
Peter: The gyrations of this stock during speculative runups prior to CC's throws the TA out of whack. A TA site on the web, Second Opinion, is consistently wrong about the direction of the stock. I wouldn't rely on TA to tell me anything at this particular point.

As far as my gut feeling from the CC, I don't see why everybody thinks this was such good news. All last year, they were saying production in first calendar quarter of 1998. Now they are saying no production in volume until 1999. Has the company really made any progress in figuring how to mass produce this thing in a year?
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