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

To: Zeev Hed who wrote (18627)	3/9/2000 1:45:00 AM
From: Pallisard	Read Replies (1) \| Respond to of 27311

Sorry to see you go, Zeev. Valence has corrected by ~20% already, don't see much downside from here. Also I think you're pessimism about the market is too exaggerated, especially the DOW, which I feel is close to solid support in the 9200 range. The NAZ certainly deserves a correction of some kind, it's earned it, but again I wouldn't bet on more than 12%. The market is full of story-stocks just like Valence. They will essentially do their own thing according to the potential of their fundamentals, and though they have dips and rallies from their own over-bought and over-sold areas, they will eventually realize through their price the fundamentals which made them story-stocks in the first place. I'm not a trader, I'm an investor; the trader mind set has little capacity for deferred gratification.(g) So off you go, perhaps we'll see you at 40 - and Larry too.