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

To: MGV who wrote (18446)	2/24/2000 1:31:00 PM
From: Zeev Hed	Respond to of 27311

MGV, forget about the polemics and look at the technical action of VLNC, the rest is waste of bandwidth. There is no basis to take either a positive or negative stand on VLNC's products and CAP since we do not yet have the information, the information we have is that despite a stinky general market, VLNC is valiantly defending its maginot line here around $30, once and if the market turns, it might be a coiled spring ready to launch into new highs. Why miss that opportunity because at one point in time you were right and VLNC was facing possible disaster? Right now, they have their coffers full, their lines humming, and possible new PO's in the pipe. You are missing an opportunity to make money by being stubbornly one sided. You make money in this market with humility, by recognizing errors and shifting sides of the equation if the market proves one wrong. Good luck out there, sorry about the VISX debacle, right now, I think that it is still a falling knife, despite the bounce today. You may want to look at the new craze, the superconductor stocks, CDTS, SCON, ISCO, AMSC and IMG, there might be some money to be made there if you are nimble. Zeev