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

To: Zeev Hed who wrote (20682)	7/27/2000 8:38:35 PM
From: Pallisard	Read Replies (1) \| Respond to of 27311

Zeev, I seem to recall your making a very similar remark at the end of May when it traded at $15 for 3 weeks and then spiked up. The NAZ did hold the 3850 area today, tomorrow will be revealing. But IMHO Valence's $15 support looks very substantial.

To: Zeev Hed who wrote (20682)	7/27/2000 9:58:32 PM
From: John Curtis	Respond to of 27311

Zeev: I hear what you're saying, but from my point of view VLNC had many opportunities to explore the "nether regions" when it was so tightly range bound during those pre-pop days. The fact that it didn't means, to me, that we're looking at a fairly solid bottom in the mid $14's to low $15's. Therefore downside is, for me, minimal. 'Course; I have to allow that once again the NAZ is having its way with all equities. As such everything is acting in a less than rational fashion. What does it all mean? Who knows....the herds been spooked, and until it settles down all bets are off. Bottom line? We're going to have to watch everything very closely...... Regards! John~