VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (3946)	8/25/1998 6:51:00 PM
From: FMK	Read Replies (2) of 27311

Hey guys, calm down! I just spoke with a friend who was pleased to have added 7k shares to his position today. He had listened to a tape of the conference call and was reading the thread. He did his research and considered this an irresistible buying opportunity. John, It's been entirely possible that we could have seen $3 any day last week, but it didn't happen. Its also possible we could see $7 tomorrow if a contract is announced. Overall market conditions certainly have taken their toll, but IMO it makes more sense to be buying rather than selling at these levels. Again, with the 15-20 OEM's testing what is reportedly the best performing battery available, I would consider contracts a 99% probability within a few weeks of Analyst visits believed set for mid October. Regards, FMK

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