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


To: shasta23 who wrote (1541)12/5/1997 12:02:00 AM
From: golden_tee   Read Replies (2) | Respond to of 27311
 
I spent the day watching VLNC trade today on Quotrek, and really found the price/volume action questionable. I had to jump in today and buy even more due to what I viewed as "irregular" price/volume action. I do not believe for a second that the current decline is "real" in the sense that it is being caused by genuine selling. The final closing price today was purely the MM's, not trading action. Get the Time/Sale record today and make your own judgements. My prediction is still for $15+ near term if the batteries ship this quarter!

Best of luck to all,
Bob



To: shasta23 who wrote (1541)12/5/1997 2:09:00 AM
From: Tickertype  Respond to of 27311
 
All shareholders, and those who sold, too:

Today's board should be a canditate for some kind of Pulitzer prize, what with all the drama - conspiracy theories, handwringing, and yes, even whining (sorry) that one finds among today's plethora of posts.
Yes, Ol' Cal is leaving, and it scared some people out of their wits (you'd have to be, IMO, to sell now).

But there was also a post from Mooter, fresh news from Ireland: Line 2 has now successfully run at full speed!! This was the most valuable information all day. We're nearing production, quite rapidly I believe. Once there, Lev Dawson won't have to perform too much magic to make the stock go up this time around. Maybe it's all my years in the engineering world, but I get pumped when I see technical solutions and innovation. Wish I could go see those 60 foot long production lines myself!

- T -