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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: rory sohn who wrote (6645)1/3/1999 10:47:00 AM
From: John Curtis  Read Replies (2) of 27311
 
Folks: I think we be counting chickens before the eggs are even laid, much less hatched. As others have pointed out we've been to this stage at least twice in the past, only to end up "in the goo," heh, so to speak. The saving grace this time 'round is all that insider buying, rumors of 270 people working at the plant(I'll believe it when I can see it first hand with me own eyeballs), and the rather interesting twist in the recent financing gambit. Ahhhh, speculating.......

Anyway, I'm loath to step out with a prediction since VLNC does have a history of disappointing, eh?. But, I will say that with p.o. announcements, I see an easy triple from current valuations. That's about as far as I'm gonna go until ~2/04. ;-) Meanwhile, let's see how Monday goes. Bottom line? Watch yer margin, people.

John~
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