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

To: Paul Dubsky who wrote (1682)	12/11/1997 12:44:00 PM
From: shasta23	Read Replies (1) \| Respond to of 27311

i thought you were so optimistic...about production and such. On the other hand when you follow the tick chart there was no big sell going on just a few small ones...but the action is mindboggling! Stefan

To: Paul Dubsky who wrote (1682)	12/11/1997 12:46:00 PM
From: Matthew Leo	Read Replies (2) \| Respond to of 27311

Management apparently feels it's their job to build batteries and investors job manage their money. This stock is grossly oversold. It is a Buy on price alone. Production next year will give you at least a triple to 5 bagger. The selling will stop soon - buyers who step up now will be the winners. regards

To: Paul Dubsky who wrote (1682)	12/11/1997 12:48:00 PM
From: John Curtis	Read Replies (1) \| Respond to of 27311

Yep, it's nasty, and doesn't look to end soon. Clearly it's now a case of seller's a'plenty but no buyers, hence doooown it goes. I can't say I blame the perspective buyers, if YOU were'nt in right now, would you jump in? Only thing I can say is, I'm glad I ain't on margin. I predict one more steep slide due to margins continuing to be called(reference the above plenty of sellers), with the grand finale being that point where all house's say to their margin holders, "OK, that's it, cough up all the dough!" That's usually at the $3 watermark, but it may vary from house to house. By the way, I removed my "giggles" order. I'm manually watching this puppy by the minute(almost), no point in having another trigger prematurely pulled if I can get it in the low $3 or, is this a possibility(?), in the $2 range. Who'da thunkup this scenario just 30 short(no pun intended) days ago, eh? Bloody but unbow'ed(let's just hope it's not a case of.....to paraphrase Mr Gump......"Stupid is as stupid does.") John~