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


To: kolo55 who wrote (18917)3/31/2000 11:44:00 AM
From: Robert Cohen  Read Replies (3) | Respond to of 27311
 
I am disappointed that management has not issued a press release to set the record straight nor has there been a PR regarding the OPPY reiteration of the "strong buy". Let the market know that production is continuing, product quality is excellent, product is being shipped, and there has been no change in the status of any of the contracts. After the Castle Creek short attack it is my opinion that management is naive regarding the power of a concerted short attack. I spoke with J. King 2 days ago. They were considering a PR at that time but obviously decided against it. I suggest that we call again and encourage management to revisit the PR issue.

Regards,

Robert



To: kolo55 who wrote (18917)3/31/2000 2:19:00 PM
From: mooter775  Respond to of 27311
 
Paul,

I think your analysis is right on the mark. It matches much of what I have been hearing this week.

I also took advantage of the decline to add to my position.

Also I think in retrospect we will have seen the stock, at its low, to have just about touched the 200 day moving average and bounced off of it.

The irony is that I strongly expect that this extremely well-orchestrated (and successful) decline will eventually be seen to have occurred just as the company's technology and production capabilities are about to be validated in the marketplace. This one's about staying power, but I think we've seen the lows.