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

To: mooter775 who wrote (24338)	5/31/2001 11:32:37 AM
From: MGV	Respond to of 27311

That is a good reason to sit on bad news. There is no good reason to sit on good news.

To: mooter775 who wrote (24338)	5/31/2001 1:14:01 PM
From: John Curtis	Respond to of 27311

Thanks Mooter. That makes sense, although it'd be nice for management to make some sort of PR statement in this regard. Anyway, it looks like VLNC was bull trapped earlier this AM. Either that or some aspect of the short strategy used yesterdays drop to cover. Today it's basically wallowing around side-ways on small volume. I'd like to say it's stabilized, but since it's suffering the tendency to follow the market let's see how market angst unfolds this earnings season... John~