VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Im-patient who wrote (8493)	2/18/1999 1:48:00 PM
From: P. Ramamoorthy	Read Replies (1) of 27311

Fred - Re.: "...Can anything be deduced from the current 1/32 spread..." (1) demand-supply is getting tight. (Actually MM's are having problems finding shares, may need to raise their price quickly.) (2) volume is starting to explode and price explosion will follow. The chart already gave us signals that this would happen, even before the news was released. Right, HC? "gradual accumulators" did not believe it. "News and analysis" are after the fact. Today's news is just an "excuse" for the bulls to push the price up and bears to stay low for awhile. Enjoy the ride! Ram

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