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


To: Gordon Quickstad who wrote (2687)4/18/1998 2:25:00 PM
From: Larry Brubaker  Read Replies (1) | Respond to of 27311
 
Gordon: FWIW, Weekly Second Opinion, a TA site on the web has upgraded Valence from a buy to a strong buy. Must be something the computer sees in the chart squiggles that is beyond my limited TA capacities.

What I see from a positive TA perspective is a pickup in volume, with some indications the stock is trying to move northwards. But I don't see it as a strong buy from a TA perspective.

Also, I wouldn't rush out and buy the stock solely because Second Opionion upgraded it to a strong buy. About a month ago, Second Opinion upgraded Gasonix to a strong guy, and it was one of their featured stocks. The stock fell about 30% in the following week, and the next week's Second Opinion rating for the stock was a sell.



To: Gordon Quickstad who wrote (2687)4/19/1998 11:37:00 AM
From: M. Frank Greiffenstein  Read Replies (1) | Respond to of 27311
 
Detroit Free Press...

I apologize if this is old news, but the Detroit Free Press had an article on Wolanchuk (4/13/98, page 4F). He touts ValenceTech and Wave-Rider.

He runs his shop out of a one room office at the back his parents shoe store in Roseville, Mi. The Chester Boot Shop is a maintstay of Detroit area small business.

Anyway, I don't own either stock, just thought some of you might get a kick out of this, You may be able to get the article at www.freep.com

DocStone
P.S. Come visit my forum, DocStone's Bierstube, if you like good bratwurst and good stock chat.