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

To: nealm who wrote (1691)	12/11/1997 4:32:00 PM
From: John Curtis	Read Replies (3) \| Respond to of 27311

Nealm and all: Not the time to throw in the towel. You've got another 11 trading days at least to evaluate things!! Unless, of course, you want to jump back in as soon in the Jan. timeframe as 31 days permit. I think all the current angst revolves around dashed expectations and company refusal to coddle. From a trading standpoint it's clear VLNC has fallen not just thru the floor but thru the first and second sub-basements as well. Although it's not, imo, a traders delight(going straight down with little variation isn't what traders look for--unless their shorting the hell out of an issue), it sure must be a MM's IF said MM's are in stockpiling mode. Now regarding your implicit commentary about the "for realness" of VLNC. Are they for real? They sure seem so; but I will admit that at one point in time so did BRE-X(a company I observed from the bleachers). I'm sure that with the best of intentions, certain posters have tried to inform the thread, perhaps inadvertently painting a wonderful future for VLNC that currently has amounted to a velvet painting in front of a cliff through which the investor community has stepped, and the outcome of which is that they're(including me) now experiencing the rush of the plummet downward. And you know what they say; it isn't the fall that kills you, it's the sudden stop. ahem. I think at this point in time, regardless of however well meaning, it's advisable to all to stop chattering about, "a person I spoke to" or "according to someone who knows, lines x,y,z are at some point in the turn up process." Etc., etc., etc.. If you're not will to put information on the thread that can be independently verified, the best thing to do is stay silent(not unlike the company). At this point in the fall it's ridiculous to continue the "hype." Better to take the VLNC stance. After all, I've seen nothing so far to make me think their original, and ONLY PUBLIC COMMENT SO FAR, adhering to their 1st Qrtr '98 production commitment is bogus. As such, it's enough for me to continue to load up. I do love a good gamble from time to time and this one, for '98, is better than most I've got going in my spec. portfolio for that same timeframe. But please, let's use the mantra of "Verifiable then post," "Can't verify then stay silent," or go to private e-mail communications with the non-verifiable part. Any you can include me on any private e-mails. Regards!! John~