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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Rich Wolf who wrote (10451)4/15/1999 6:25:00 PM
From: Zeev Hed  Read Replies (1) of 27311
 
Rich, in fairness, both sides are "working very hard" with the same known facts, Larry with quotations of the S-3, you with the serial number 100,000 or more (by the way, one could interpret this as "100,000 cells as still not a good one?" <g>), Fred, with production capacity that exceeds expected demand. I think it is time for the company to put forward some new information to "disect", how about a nice little PO, or a good financing deal. I am ready with dry powder to jump in as soon as I see some real positive development, not just getting ready with new hired hands. I'd like to see one of three things before I jump in, a solid PO, or a solid financing, or a positive technical event, such as, volume price reversal, or a break out on volume, or a solid dragonfly doji, or any of numerous technical indicators showing a new crop of interested investors flocking to this issue.

Zeev
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