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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Dennis V. who wrote (10959)5/1/1999 12:03:00 PM
From: John Curtis  Read Replies (1) of 27311
 
Dennis: Agreed. I "burned off"(ie. printed), a copy of the documentation, and it does look like they've developed a method of combining formerly separate steps into one cohesive(no pun intend, heh) whole capable of being "spun out" like so much laminated "sheeting." It implies great things ahead if'n this patent is a reflection of where they're taking line functionality, no?

Be that as it may next week's gonna be interesting, noooo doubt. It was also interesting to watch yesterdays "action". Lot'sa buying occurred when VLNC broke strongly below $7, and as we all know, although it closed down, it did recover to above $7. To my mind, regardless of the merits of this legal case which could be rendered moot in the next couple of months, VLNC remains range bound, with the range being firmly between ~$6.5 and ~$8.

Now why do I say it could be rendered moot? Because, regardless of its merit, its gonna drag on for some time. Definitely longer than my projected time-frame guess for p.o. announcement(s). So, now......about those p.o.'s....

John~
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