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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: William Epstein who wrote (11845)6/5/1999 6:35:00 PM
From: Zeev Hed  Read Replies (2) of 27311
 
Bill, have you factored Mr. Murphy's intervention? He has pulled quite a number of nasty tricks before on VLNC. In final analysis, it is as John always says, now, how about those... My comment was that technically the stock indicates that something is happening, the stock is ready to break from a narrowing trading range, and IMHO, there is a higher probability that the break will be up rather than down. I have absolutely no knowledge of what is happening in the plant, whether the refined films are leaking in transit, or if edge problems are trivial or critical, or for that matter if there are any unresolved problems at all.

Zeev
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