VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (6457)	12/30/1998 11:01:00 AM
From: FMK	Read Replies (1) of 27311

Here's another reminder exchange2000.com As far as my own estimate of 0.1% chance of failure, I find Lev's statement particularly relevant:"...he did mention some new equipment he ordered & pointedly stated he wouldn't, in a million years, have ordered it if he thought there was a chance of failure." IMO the stock has become very oversold over misinterpretation of the s3 which listed Cal Reed as the CEO. The revised financing was very positive and the stock should have risen from the $8 level as a result. I would expect some major market forces to awaken on their return from the holidays.

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