VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: P. Ramamoorthy who wrote (7817)	2/3/1999 5:46:00 PM
From: hcirteg	Read Replies (1) of 27311

Hi Ram- Don't be so sure there still won't be a run-up prior to tomorrows close. I believe the meeting is after the close and after the last three days action on the stock price...I would venture to guess we will see $8 tomorrow. I will say again that the price movements of the stock are very exagerated compared to the volume. The stock was up 1/4 this morning on only 8000 shares....clearly the supply is thin at these levels. I guess the MM's will want to pull the price up to where the supply is a bit greater (more sellers) and thus, I think we see $8+ tomorrow. If we get a good meeting report, then everyone is happy and we go back to $10+ real quick. I expect this to be the case....IMHO. Good luck to all longs. HC

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