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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: William Epstein who wrote (11393)5/25/1999 5:17:00 PM
From: John Curtis  Read Replies (1) of 27311
 
William. Interesting. Speaking of this sort of thing, I believe I read one report that had VLNC as a weak hold, with an over-all earnings per share potential this year of ~3%. Next year was hazy. The interesting thing, however, was the total earnings(if memory serves) of VLNC's market sector was/is projected to grow by some 200%.

It would be nice to have VLNC be a part of this. Today is a major confirmation that they will be. By the way, the site whereby you can get this report(it's free but you've got to sign up), is: quicken.multexinvestor.com

Bottom Line? The news today was super, but stepping back with a jaundiced eye......well......VLNC's still bounded firmly to that bouncy bouncy range of approximately $6.75 on the low end, and $8.25 on the high.

But now let's see how summer unfolds...

John~
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