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

To: J. M. Burr who wrote (1454)	11/28/1997 6:51:00 PM
From: Larry Brubaker	Respond to of 27311

<<I would hock my left one before I dumped stock because I needed cash for personal reasons. I feel very positive about VLNC, but the antennae are beginning to vibrate.>> J.M. Remember, the major stockholder has 90 days to sell after filing. It may be that he expects a big move up in the stock sometime in the 90 days after filing that he wants to take advantage of. On the other hand, I agree the stock is not acting like one that is on the verge of a major breakthrough. Hopefully, the weakness is not caused by any fundamental reason that we don't know about.

To: J. M. Burr who wrote (1454)	11/28/1997 7:17:00 PM
From: Tickertype	Read Replies (1) \| Respond to of 27311

Thanks, everyone, for all the interesting opinions and comments. On the one hand, anyone seling now for tax loss purposes are taking a risk. Should some good news come out before year-end, as has been predicted by some, they'll be left on the sidelines. On the other hand, Tumbleweed makes a point that goes to the heart of the matter in my view - why is it acting like this so close to Q1, 1998? A passing trend, I sincerely hope. Regards, - T -

To: J. M. Burr who wrote (1454)	11/29/1997 10:20:00 AM
From: John Curtis	Read Replies (1) \| Respond to of 27311

Tubleweed: LOL! to your left one commentary. I kind'a feel like I've just about done that, at least with my speculative monies. As for why it's acting so strange......who knows!! Perhaps for all the reasons mentioned, or maybe it's because of the holidays and people want some cash for gifts? Wooo weeee, am I reaching with that comment or what? But one thing for sure, VLNC is still in "lock step" with ULBI, and as goes ULBI's stock price, VLNC seems to be tracking accordingly. All in all, however, the slight negative bias is happening with fairly insignificant volume. Why do I say insignificant? Well, this puppy is trading on the NASDAQ, so to get a true read on buy/sell volume you've got to slice the days total volume in half(to account for the MM transaction in between the buyer/seller), and then slice off another....oh.....10/15 percent to account for MM to MM trading. And when you see erratic day to day volume size I suspect the MM to MM percentage is higher than that. Just food for thought. Anyone else have an opinion? Regards! JOhn~