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


To: golden_tee who wrote (19851)5/24/2000 8:34:00 AM
From: John Curtis  Respond to of 27311
 
Perhaps it's dead because folks have grown tired of the endlessly repetitive arguments that've pretty much been circular for well over two years. Albeit the circle really amounts to a spiral since the players remain the same, only VLNC management moving the company forwards keeps altering the baseline nature of the issues.

I point to Yahoo as proof of this. Over there it continues because the players can easily change pseudonyms, hence give out the appearance of new individuals joining the board. This, one cannot easily do on SI. Or maybe it is. I don't know for sure 'cause I haven't tried to add other id's. I only maintain two in cyberspace. This one here, and Highlowsel everywhere else. I see no need to take it further. I will say this...it's been a number of years since I've seen an equity generate this much participatory "heat" and emotion.

And this is all IMHO, of course.

Bottom line? VLNC management, and employees, are performing, as the last recent facts posting I issued clearly indicates. Going forward it's all a matter of them continuing to perform by taking plant build-out to the next level, and successfully leveraging the capabilities/contacts of their new VEEP. Future stock valuation should be a function of this success. I say should be because right now I don't think I need to point out how things in the general market may have their say, eh?

Speaking of which...let's see how things unfold today. Given yesterdays final 10 minute straight across the board don't spare the women, children and aged rout it should be interesting....

Regards!

John~



To: golden_tee who wrote (19851)5/24/2000 10:57:00 AM
From: John Curtis  Read Replies (1) | Respond to of 27311
 
Robert: Since the final filing isn't due until June 27th this probably means.....hmmm....that VLNC will do for the majority of this summer what it did most of last year. That is, stay stuck in a trading zone. This time 'round the trading zone appears to be ~$18 on the high end, and ~$14.75 on the low.

Uhhh...and this assumes no material events in the interim.

Therefore I'd say the best strategy is to have limit buys in place somewhere just below $15, and if you're trading it, limit sells somewhere north of $17. If you're not trading then just leave the limit buys in effect, with expectations that this legal "sandpit," and its attendant ask gambit tacticians, will be done and gone sometime before X-mas, leaving valuation determination in the hands of market forces, and market forces alone.

Regards!

John~