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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Tigress who wrote (15827)1/24/2000 6:03:00 PM
From: Logain Ablar  Respond to of 63513
 
Tigress:

Regarding VLNC. Technically t just broke a triple top @ 23 (with double the normal daily volumn).

I would say there is some news out there we don't know about. The only news that matters is another order for their new battery (they already received financing via a private placement @$15/share a few weeks ago).

So far they have two orders. They need one more to assure acceptance of their product (although they still have to produce it in profitable quantities and not have defects going to the customers).

Considering todays market I would not think this is a false break. We should know in a couple of days.

Tim



To: Tigress who wrote (15827)1/28/2000 3:09:00 PM
From: Logain Ablar  Read Replies (1) | Respond to of 63513
 
Tig:

More strength on volumn today with VLNC. The earlier move was prior to new coverage. The stock is getting ahead of itself here (34ish) but with a new order and momentum going into the shareholders meeting we might see $45 (I revised my exit point from $35, just canceled, and will see how the stock is acting next week). Of course if were going back to 3500 on the NAZ all bets are off.

Tim


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