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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (7317)1/22/1999 9:41:00 AM
From: P. Ramamoorthy  Read Replies (1) of 27311
 
FMK - At 8 to 1 production rate advantage, the 2.5 to 1 ($2 vs. 6.50 Matsushita price estimates) sounds good, in spite of a potential yield loss at high production rates. Good to hear that VLNC is capable of "dumping" in the Japanese and Asian markets.

Expecting the general market to be down today. VLNC shares seem to be "drying up"! Time for MM's to raise the Bid price! Ram
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