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

To: Javelyn Bjoli who wrote (1576)	12/6/1997 7:07:00 PM
From: webpilot	Read Replies (2) \| Respond to of 27311

Javelyn, You are right in your analysis. Could you please comment on the following. ULBI has their stockholders meeting in NY on Tues. The ULBI stock chart appears to be technically lined up for a rise in price. In the event, or when they announce production, how will the tremendous short interest in the stock play out. There is nearly 20% of the float short, nearly 1 million shares. This may have a greater impact on stock price than the actual production numbers.

To: Javelyn Bjoli who wrote (1576)	12/6/1997 8:55:00 PM
From: John Curtis	Respond to of 27311

Javelyn: Wooo weeeee, your looking 6 months out, predicting all sorts of sharewise movement, etc., and we still haven't gotten an OFFICIAL announcement from the company. Now I'm a speculator here, no question, but my speculation is confined to the potential for commercial production. I'll worry about the rest afterwards. Yep, this thread has a certain flavor of "boosterism," as you'd expect from most of us here who are bullish on the COMMERCIAL production aspects of the technology. If you've reviewed the thread from the beginning you'll find info. of worth, as well as speculation a'plenty. No different from any of the other SI threads here. That's the nature of the speculative game, which is what the Street is all about, no matter how you might blind yourself into thinking you're "investing," it's all a gamble, and as such, we're a weee bit early to be worrying about spikes and such. Let's just worry about commercial production. THEN I'll look further down the road. I think what you'll find missing from this thread, at least so far, is the rude attackdog 12 year old mind set style some of the other threads seem to wallow in. I believe that might have been the more appropriate statement to use. Good luck! John~