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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (4583)10/27/1998 2:19:00 PM
From: hcirteg  Read Replies (1) of 27311
 
Hey John-

Been in meetings all day and just looked at the chart. Also noticed half my March 5 calls got stolen from me at 2 7/16. Oh well, you remember me HOLLERING about these a month ago when they were 7/8ths. NICE!

Anyway, you have to LOVE this methodic backfilling. IMHO, the new basement is no lower than 5 3/4 (who would have thought!!!).

As we speak, the volume is again appraoching the million mark and we are holding onto 6 nicely.

I expect another wave of buying as this is how the stock seems to be behaving today. I'll guess a close at 6.50....but i'll be happy with anything in the 6 ball park. Here's hoping we can make this 6 out of 7!

HC
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