VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: HQ who wrote (5900)	12/11/1998 6:45:00 PM
From: Jay Lowe	Read Replies (3) of 27311

Where are we? Same place we've been for the last year: waiting for OEM contracts. What's the downside? 100% The upside? FMK has proposed that. What's the driver? Same-same as for the last year ... we spike before news and base out lower afterwards. Over and over again, the same cycle has repeated more than half a dozen times during the year. That's the VLNC pattern ... standard event-expectation pattern seen in so many startups. That VLNC goes up is expected. That VLNC bases lower after going up is expected. I just keep accumulating when I can buy for less than what I think the current base is going to be. If I expand my time-sense to include all of the VLNC pattern, then these cycles are actually quite comforting in their predictability. The Jan 5-7 spike ought to be a doozy ... cause if they unveil the Energizer Bunny at the stockholder's meeting, there's no looking back.

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