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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: I. N. Vester who wrote (3945)8/25/1998 5:16:00 PM
From: John Curtis  Read Replies (1) of 27311
 
LOL!! Posting indeedy. But it took a pointed comment from J.B. to "point out the errors of my ways," so I've stopped. Trying to keep commentary cogently on topic. However, I can understand your testiness.

Agreed that with the current negative pressure on 'em it's entirely possible we could see $3 tomorrow. There just ain't anything publicly available to provide any positive pressure. But having said that I also feel that as long as you ain't in a margin related corner, and continue to feel VLNC has value...well... you ride it out, eh? Day trading where you can of course. ;-)

Ultimately most small cap's are having a tough time of it right now(eg. Russell 2000 down a goodly percentage), and VLNC is no exception. IF the general market is truly turning bearish, then it'll get a LOT worse for small cap's before it gets better. So until we get some "warm & fuzzy" news from VLNC I think that much used phrase is appropriate, although it's meant in a different manner......buckle up so you don't get thrown out!

John~

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