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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Mark Johnson who wrote (5896)12/11/1998 5:59:00 PM
From: HQ  Read Replies (1) of 27311
 
5900....sold!

Okay I'll take it. It's TOO quiet around here. As in the last three trading days, having settled in just below 8. So where from here?

A friend of mine is too worried there's a bit of downside here, and cashed out most of his holdings. I'm hoping for an uptick, even without news, but my friend may be right: what's the driver, aside from fear of downward pressure? There's no firm date for 'optimism' until the Jan. 7 shareholder's meeting...the other events leave the daily price change acting like a Markov process, or random walk, whichever you prefer...until the next chaotic frenzy!

Speaking of which, anyone else planning on attending the meeting? I seem to recall hearing recommendations to find a hotel a couple of hours away, as that's also the date for CES in Las Vegas. Let's rendezvous and meet the V-team, who's promise seemed oh-so golden just a week ago. Too blinded to take my chips off the table then, I'm loathe to, now. Back to waiting.

But for amusement I was digging through some posts from August and September, when we were praying just to see the 5's again. So what say we enjoy these good times we're *in*, it's Friday night, and we *are* 3 points higher, and 4 months closer to contracts....whenever that is!

Have a good weekend, all!

HQ
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