VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (6193)	12/21/1998 6:34:00 PM
From: John Curtis	Read Replies (1) of 27311

Zeev: You have to consider that margin calls are gonna force this one over the next few days, so I wouldn't be surprised to see it drop further. This has happened time and again with VLNC, and it looks ready made to do it yet again. I expect minimal DCB. But then again, hey, everyone might say something like, "Okay, it dropped.....but not because of something fundamentally wrong at the plant, but merely over perception and trader angst." So maybe folks will hold, indeed perhaps they'll see this as a buying opportunity and start nibbling. Meanwhile though perception is reality.....heh. Overall this is why one should STAY AWAY FROM MARGIN when speculating, and this is particularly true with VLNC since it's so thinly traded. Regards! John~

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