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

To: Matthew Leo who wrote (1517)	12/4/1997 12:04:00 PM
From: John Curtis	Read Replies (1) \| Respond to of 27311

Matt: Agreed, it looks almost identical to last year......Let's hope it re-ascends that hill. Meanwhile, it look's like ULBI is benefiting from VLNC's blowoff, so it's balancing out my VLNC holdings. This is just additional proof, in my book, of the strategy of betting on multiple "horses" in any market sector. Particularly when than sector is still "on the come." But given that the other shoe has fallen with respect to VLNC, I'd be highly surprised by any further decline(now having said that you watch, it'll go to $4). Still, I've got one last buy order in at $4.75 which will round up my holdings(to the tune of a rather obese speculative portfolio appearance). Will it be exercised? Nah. But then again..... Regards! John~