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


To: FMK who wrote (1883)1/6/1998 3:51:00 PM
From: Bill 49M  Respond to of 27311
 
Compared to your loss I guess I shouldn't feel so bad. I only sold Spyne-Tech from my account so I could hang on to VLNC and keep the margin calls at bay. Of course the very next morning SPYN took off on an 18 point eventual run as it was taken over. Bill



To: FMK who wrote (1883)1/6/1998 6:26:00 PM
From: Paul Dubsky  Read Replies (1) | Respond to of 27311
 
I'm with you FMK. While I concur with John that stock price prediction is like trying to guess the next earthquake, I appreciate your optimism, even if it "seems" far fetched, expecially now that we're hovering at $5 rather than $15!

Speaking of volume.....was today the lowest volume day in the history of VLNC trading? Less than 20,000 shares, I think, all day! On a down day in the market, certainly apprears that the holders of VLNC stock are hanging in there. Is it the calm before the storm? I certainly hope if there's a storm brewing, that it's an uplifting rather than demoralizing one. I don't think I could take another threat down in the low $4s, other than to buy more!

I liquidated my PETM shares yesterday at $7 9/16, bought some Next Level (NLV) as a safe mid-cap play and one that certainly looks like it has a very bright future. But, I still maintained some cash to buy on any further dips.

Good luck to you.