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

To: DKR who wrote (2392)3/10/1998 10:36:00 PM
From: Larry Brubaker  Respond to of 27311
 
DKR: IMO the market is saying loud and clear there is no hurry to buy this stock. I said right after the conference call the stock will see the $4 range before it sees $7 again. I see nothing to change my mind.

My strategy now is not to try to catch the bottom, but to buy in if and when it starts a significant move on volume. May miss a point or two of the intitial rise, but will also eliminate the risk of a meltdown if things don't go well.


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