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

To: wm sharp who wrote (1351)	11/12/1997 5:33:00 PM
From: Paul Dubsky	Read Replies (1) \| Respond to of 27311

Wow, end of day market sell-off gave me another 1,000 shares that I didn't think I would get. Down as much to $7 11/16! Not much volume, so it certainly was stop loss orders, margin calls, etc., that flushed out some holders at the mid $7s. Now, I've got my full allottment and hoping for greener pastures ahead. Any more buying, and I'm going to have to borrow from my broker. Assuming that Valence is on schedule to be the dominant player in the lithium polymer battery market, I'd use this market downturn as an opportunity to buy on the cheap. If it goes lower, I'll sell some of my other holdings to load up on VLNC.