VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (6177)	12/21/1998 4:44:00 PM
From: John Curtis	Read Replies (3) of 27311

Zeev: I think the word, "THUD," applies here. But there's good news and there's bad news(as the saying goes). The bad news is all expectations of some sort of p.o.'s in the immediate future appear to have been dashed via the aforementioned "safety testing" commentary. But this is also good news. Never before has it been mentioned by VLNC PUBLICLY that the integrated line is operational and now "merely" subject to safety testing. This is a good thing. Unfortunately dashed expectations are a bad thing so here we sit just above $5. I've placed a large buy order in at a price I just yesterday considered untouchable, and that's in the ~$4.25 range because short term it ain't outside the realm of possibility. I've got a feeling some folks are gonna get home tonight, take a look at today's action and proceed to freak. So it goes, eh? John~

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