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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: jim heger who wrote (3735)8/14/1998 9:36:00 AM
From: John Curtis  Read Replies (2) of 27311
 
Jim: Hard to call bottoms. But, if you look at the last years activity you'll see VLNC is near the low end of its range, so as a speculative bet, it's not a bad time to take a gamble(as long as yer not risk averse, eh?). So let's see how things shape up(ie. will volume once again be treble the daily average). I wish I had access to a level II, since I'd love to know how DLJ(one of the MM's), and others, are working this issue right now.

Welcome to the speculative, and definitely "noisey," party.

Regards!

John~
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