VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (5386)	11/20/1998 11:15:00 AM
From: hcirteg	Read Replies (1) of 27311

Hey John- Just reviewing the trading action over the last week (you know i LOVE TA) and i have come to the following conclusions: The stock has definately firmed above 7 I strongly believe there is still alot of $$ on the side that will very soon come into the stock. I can't see the mm's allowing us to get above 7.5 today because of options...BUT We will hit $9 next week...at least. all indicators point to a retest of last weeks 8 15/16ths intra day high. If we had fallen below $6.75, the analysis would have resulted in a much more bearish short term outlook. I'm glad I'm long. Good Luck and speak to you soon. HC

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