VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: add who wrote (6870)	1/7/1999 8:46:00 PM
From: I. N. Vester	Read Replies (4) of 27311

add: You're nuts if you think this weeks action is people expecting a Palm contract. VLNC may not go further up but I'll be very surprised if it slips back down as easily as you predict. I agree that there is absolutely no proof that the palm story is related to Vlnc. It does in any case add to the growing case that li-poly is going to be BIG starting before the end of this year. I smell a lot of money out there and will be very surprised if Vlnc does not end up as a very big player. The stock is much stronger now than it was before the 12/21 crash. Which btw, was largely a margin related shake-out. I should know - x0,000 shares fell out of my tree that day and I have since heard of many more, as was pretty obvious to those who were forced to sell that day. Never mind. I am fairly confident the upside potential is very big and payday come soon enough. I can afford to wait. I really doubt that those who sold so much at really low prices on 12/21 have the cash or the fearlessness/stupidity to margin themselves to the hilt again so soon. Hence i believe that the market risks are quite a bit smaller, tho you never can tell, can you?

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