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

To: Emmo who wrote (2210)	2/17/1998 3:29:00 PM
From: Will Rogers	Read Replies (1) \| Respond to of 27311

Well, well, well. Those who had their sell limits at 7 3/8 and 7 1/2 got the best of this day. Getting out at seven was good and back in a five and a half would have been good for accumulation. Would anyone think it out of the realm of possibility that it could slip a little more this week? And, YES, if the cc had been good news, the seven's would have been history. Look at the volume. Somebody seems to playing the 'Day Trader' extraordinare between 5 1/4 and 5 1/2. Good things come to those who wait. Or, you takes your lumps and moves on.

To: Emmo who wrote (2210)	2/17/1998 3:36:00 PM
From: Tickertype	Respond to of 27311

Emmo, your conclusions reflect my thinking as well. It's true that we've read a lot of things on this thread that weren't supported by what we heard today. Not a hint of the shift to Henderson for initial production, on any thread. I don't agreee with one poster's opinion that this "proves that Cal sold on insider knowledge, and not to excercise options". If it turns out that Cal did pick up the options, then that will be proof of why he sold. As I've said before, an R&D company is not for investors who look for instant gratification. The other day I saw a post where someone said he wanted a return on his investment IMMEDIATELY. Good luck. Maybe if he's good at blackjack. I have a large amount of money in Valence for one reason: to multiply it many times over. I am confident that this will happen when the batteries are finally coming off the line at high speed. Lev said the profits will be very good. I may have to wait a little longer and I can live with that. Even Peter Lynch said he didn't expect to see a return on his stocks in less than 3 years. I've got a year to go! - T -