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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: kolo55 who wrote (3679)8/12/1998 7:09:00 PM
From: John Curtis  Read Replies (1) of 27311
 
A brief note: Thanks Paul for posting a synopsis. It sounds like things are moving along at VLNC, but it's also clear reviewing todays trading pattern while stuck in a hotel that games are still being played. It has the look, and "feel" of a bull trap got'cha, ie take the bid down early then run it up on a tight spread, let it cool then run it down.

So be it in any case. But as was pointed out by another poster clearly VLNC ain't going anywhere until such time as they've hit their milestones and publicly announced them, PARTICULARLY those p.o.'s we're all interested in. Sooooo, if ya believe, then take the current valuation as manna from heaven and buy such amounts as you are confortable with. If ya don't, but are willing to be enticed.....then wait on corporate announcements.

One weeee smaaaall thing that disturbs me, this is at least the 2nd c.c. that L.D. has said that analysts are "just around the corner from being asked to visit." Being a player in the corporate world meself, when I've in times past heard this type of commentary from others lips, and they keep saying it as time goes by.........wellll.....the term stalling comes quickly to mind. Bottom line? Let's see those p.o.'s.

Don'tcha just luuuuv speculating?

Regards!

John~
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