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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (8567)2/22/1999 2:57:00 AM
From: Pallisard  Read Replies (2) of 27311
 
Hello All. Just returned from Little Las Vegas tonite.

I was very disappointed to see Vlnc close as far down as 8, expected more of a mid 8 range. As many of you have stated, I don't think the significance of last Thurs PR was comprehended by small investors or analysts looking for sensational news. If there is no new PR this coming week, the price will probably weaken a bit and trade in the 7.5 to 8 range in order to regain momentum. MACD still positive and stochastics barely positive, but just a little PR nudge could do wonders. I'm still enthusiastic and convinced of a not too distant PO. Meanwhile, we have to hurry up and wait.

I see I have been soundly VISNICATED in my abscence by the master, himself.
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