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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Mark Johnson who wrote (6402)12/29/1998 7:34:00 PM
From: Dennis V.  Read Replies (2) of 27311
 
Mark, Wolanchuk said two months ago that the stock would hit 12 dollars before it saw 6 again. This was an amazingly accurate forecast. Furthermore, he has predicted near term target of 20-30 dollars. I interpret near term to be summer '99. This target is not unreasonable.
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