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


To: Javelyn Bjoli who wrote (2806)5/5/1998 6:06:00 PM
From: Henry Flemming  Read Replies (1) | Respond to of 27311
 
Might, if they pull a ktel and announce they're going to sell their batteries over the internet - take a look at the ktel chart . . .

quote.yahoo.com



To: Javelyn Bjoli who wrote (2806)5/6/1998 12:01:00 AM
From: FMK  Read Replies (2) | Respond to of 27311
 
Thanks Javelyn, I agree that contracts have been imminent for a very long time. I did hear of a discussion with FRB who was updated by the company as of Monday. The report was that everything was still on track and that production samples have been with OEM's for several weeks.

In view of the upside potential, I feel it is well worth waiting for. Whether to invest more now or wait for an announcement has to be an individual decision. I remember placing a market order for 4000 shares during the last run up. The movement was so fast my order was partialed and filled at 50 and 75 cents higher than when I placed it. When a contract is announced, I would expect similar results and would hope I was aware to place an order. This time the stock should keep going for a few dollars - Perhaps run to ten and a pullback to 8 after profit taking. I doubt if it would spike as high as 35 as you had thought earlier. That will probably take more than one contract and, IMO, not occur until late in the year.

I will not argue the logic of waiting for an announcement to invest with certainty. Especially after having invested too much too soon myself. I believe the stock is tremendously undervalued and it is not a case of whether, but when. With production samples several weeks in the hands of OEM's and the company's statement that they are "ON TRACK", and I have said this before, we should be very close.

Regards, FMK