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

To: Paul Dubsky who wrote (1404)	11/20/1997 11:19:00 AM
From: AlexSun	Respond to of 27311

I agree with the comments: patience, patience, patience... On the other hand...very weak today. Also technically does not look good. Any guess for the reason? I have a felling that somebody is trying to trigger stop losses in order to take advantage of some of us. I never like when MM plays with investors. Good luck.

To: Paul Dubsky who wrote (1404)	11/20/1997 11:19:00 AM
From: FMK	Read Replies (3) \| Respond to of 27311

I just learned what created today's buying opportunity. After not selling any of his 687,656 sh in 6 years, Cal Reed has registered to sell 7% of his stock or 50,000 sh. His salary has been relatively low. A great burden has been lifted by dismissal of the lawsuit. If some good news is in the works that should cause the stock to run up, why not prepare to take a little cash out for Christmas? After all, his remaining 637,656 sh will be worth $15,941,400 when the stock is $25! I also heard the R&D progress and test results have been much better than anticipated and continue to improve at a great rate. I would acquire all I could afford at these levels, Especially while many fund managers and decision makers are away at the Comdex show in Las Vegas - I understand Company personnel are visiting OEM's there that have designed Valence batteries into their products! Fred M. Kellett