VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (11786)	6/4/1999 1:14:00 PM
From: MGV	Read Replies (1) of 27311

Lets consider the logic or lack thereof of the following fmk statements. He didn't get as much as he wanted in the low 7's however. Meaning the mid-7's are too high? Ok, lets get this straight, this stock is about to bust out but fmk's "friend" stops buying in the low 7s. That only makes sense if "bust out" translates to the mid-7s! There is apparently too much competition for the low priced shares. Go back and read Econ. 101 When the price is falling, supply is exceeding demand. The price is falling. There apparently is not enough competition slick. That has been apparent for some time. Buy VISX.

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