VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (4324)	10/3/1998 9:50:00 AM
From: Greg McDaniel	Read Replies (1) of 27311

John, I agree even if Valence announces anything anytime soon in the midst of this worldwide deflation scenario Valance's price action may not be as big a price spike under the bull market scenario. Also, earnings announcements are just around the corner and they seem to be trending downward. On the optimistic side, market has already discounted deflation, earnings, etc and this week was a final blow off and will start trending upward or sideways rather than anymore spiraling downwards. It is getting tough to pick stocks and when Valence announces a contract this is going to be one of the best picks. If that doesn't happen then it has been as you say "ain't it fun speculating".

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