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

To: Gordon Quickstad who wrote (1722)	12/12/1997 4:44:00 PM
From: Paul Dubsky	Read Replies (2) \| Respond to of 27311

Yahoo! We finally finished up! Must have been those who anticipated strong comments about Don Ws appearance on NBR picking up some for a point bounce here and there. Certainly will be choppy until any concrete news is out of the company. Anyhow, finishing up on another dismal day in the market is something to grin about. Could this be a reversal? I saw a lot of individual share trades between 1000 and 5000 shares go at the ask of $4 5/8 right before the upswing to $4 13/16. Looked at the options interest yesterday and the open interest in all of the various call option prices, $5, $7 and $10 were all up from a week earlier, even the December $5s and $7!!! Go explain that!? Next Friday is the 3rd Friday of the month, so upon options expiry, expect continued volatility. I really think that if there was anything serious to account for the price of this stock, it would have been disclosed by now by the company. The reality probably is is that the MMs are sucker punching all of us individual investors into selling, on what little news is released out of the company (Cals retirement). Well, they're not getting me! I'm no longer margined and will look to buy more VLNC next week if we look to hold $4.50. (Hurt to sell the mutual funds for a loss, especially the one that is closed to outside investors, NI Microcap, but hell, nothing can compare to the potential of VLNC!) Ok Don, bring on your magic! (FMK, mooter, where are you?? An AOL poster (DEONDRITE??) has been addressing all of the heat from others, I think he needs your help.)