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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: john t. brice who wrote (11396)5/25/1999 5:25:00 PM
From: William Epstein  Read Replies (1) of 27311
 
To all;

I stand corrected. Higher bond prices not higher yields. I don't know how much interest rates will affect product overseas but I would think that overall interest rate reductions would have the most effect on markets in Asia and Latin America. We don't often realize how much a 50 basis point change can affect markets in the emerging nations but the effect is magnified several times the U.S. markets. It can be enormous. Pallisard I must defer to you about the stock's price jump. I have not watched it long enough to have a definite opinion. I hope the battery technology comes up in the interview too. However, I think they are talking about the spinoff.
PHOTOMAN
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