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

To: gvander who wrote (23493)	3/14/2001 12:33:09 PM
From: John Curtis	Respond to of 27311

GV: Contra-indicators? LOL! Yup, they tend to have value once extremes in market direction, like now, are being reached. Is there more downside? There could be, there could be. But when operating from a long term perspective (+2 years and out) I gotta think we're well into that infamous blood on the streets period in market retrenchment, therefore the downside is probably limited. This especially holds true for those equities now reaching appealing "value" levels. As such I'm now beginning to build out various positions with an eye towards that aforementioned long term target. These be bargain basement days. ;-) John~