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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (3966)8/26/1998 4:20:00 PM
From: John Curtis  Read Replies (1) of 27311
 
Pallisard: Quite a day today, eh? Particularly with the market in general running at a ~3:1 sellers vs buyers pace. Don't look now but we're approaching a significant Dow correction from early summer highs, with the notorious months of Sept. & Oct. still ahead. So need I say there may be LOTS more to come? And of course VLNC is participating in the correction. Will it continue to participate and break below $3? If the last 30 minutes today is any indication I'd say NAH, but I ain't no seer so I could be wrong. On the outside possibility I could be wrong I've place a large block buy in the $2.75 range. Hey, when you've protected your interests then why not play with "found" monies, eh?

Here's to tomorrow being better than today.

John~
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