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

To: nealm who wrote (1757)	12/15/1997 4:59:00 PM
From: Paul Dubsky	Read Replies (2) \| Respond to of 27311

Not a good finish on an otherwise promising day! I saw that gap at the open, from $4 13/16 to $4 15/16 and just KNEW that it'd be filled! To my astonishment, it was at the close, to $4 3/4. You can't fight the charts on this one right now, unfortunately. I wouldn't be surprised to see us re-test the low $4s (for a double bottom). If we hold $4 1/4, then we should be okay for the short term, going into January, when we're all hoping that ALL HELL BREAKS LOOSE and makes us all a lot of money. Believe it or not, I may be buying again if it gets to the low $4s. Not on margin, no one should be doing margin on this one right now. Oh well, I had a mostly good day today. (My other stocks were down too, on a good day in the overall market. What's up with that???)