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

To: J. Liu who wrote (1199)10/27/1997 3:25:00 PM
From: John Curtis  Respond to of 27311
 
Jian: Absolutely, I've been waiting for just such a moment. When there's carnage in the streets, and it certainly looks like it's developing(Market off at least 350 pts), now's the time to add/purchase some of the issues I've been watching, like VLNC. Nothing fundamentally wrong with them, they're just suffering the fallout of today's situation. Me thinks some margin's are getting called, big time!! That'll just exacerbate the situation.

There's opportunity in chaos, and this just might be the time. I'm buying in this range.

Regards!

John~



To: J. Liu who wrote (1199)10/28/1997 12:52:00 AM
From: Tickertype  Read Replies (1) | Respond to of 27311
 
You are absolutely right, this is a real buying opportunity.
Considering I've bought as high as $9 1/2, this is a real bargain.
I imagine an absolute flood of margin calls went out today, and some people were forced to sell some VLNC to stay afloat, causing the one point drop. I don't think many people gave up their Valence shares out of fear over what's happening in the broader market.

Regards,

- T -


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