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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: Ray who wrote (16240)	11/17/1999 7:58:00 PM
From: John Curtis	Respond to of 27311

Ray...hmmmm...not a bad speculation as speculations go. You could be right, then again you could be wrong and this selling could just be somebody taking a quick, relatively significant profit and running. Traders do this allll the time. Then again, this is options expiration week, so I'll bet this is having an impact in its way, too.... My best bet, though, is it's a combination of all three?? Be that as it may, I submit VLNC has now entered that category best defined as a stock on a generally positive upward trend, but one that's bound to be periodically broken by retrenching, backing and filling, and consolidation. If you're holding for the long term then it's times like those which will allow you to add more, should that be your intent. IMHO, of course. Regards! John~