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

To: Paul Dubsky who wrote (1728)	12/12/1997 9:26:00 PM
From: Bill 49M	Read Replies (1) \| Respond to of 27311

Don W's appearance on Nightly Bus Rpt was both a good news bad news situation. Actually, all good news; the bad part was nothing much specific was said and Paul Kangas was rushing him and talking over Don's answers so that it was hard to catch what was said. I replayed my tape repeatedly to get what was actually said: Paul: (Mentioning Valence and Integrated Devices together as stocks that Don had picked the last time on the program. About Valence): "It was over 8, now it's about 4 and 1/2. Don: "Well, it reached 9 and 1/4 and it's volatile." Paul: "Did you sell?" Don: "No, why should I. I'm accumulating the stock." Paul: "Okay, and you would accumulate it here?" Don: "Well, certainly. It's a company that's starting up. They are ramping up production with an 80,000 sqare foot fact..." (Cut short by Paul) Paul: "And the same thing with Integrated Devices?" Don: "Absolutely!" I guess long term holders can feel reassured; shorter term players didn't get any help explaining the recent price "volatility." Bill