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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Sterner who wrote (9561)	5/19/1998 9:38:00 PM
From: Peter O.	Respond to of 120523

Watch List for 9/20/98 VLNC (VALENCE TECHNOLOGY) Last Trade Change Volume Avg Vol 5 7/8 +9/16 (+10.59%) 705,000 194,181 I follow and own this company. They make Lithium Polymer Batteries and have been promising mass production for many quarters only to announce delays. Don Wolanchuck says this will be a $80-$100 stock. Not sure if and when ... I do know this. Look at 1 year chart. The last spike was in February when the stock had a run up two days prior to and then during the morning of the last conference call. Conference call reported continued delays in mass production and no announcement of OEM contracts and the stock promptly dropped back down. Tomorrow there is another Conference call 11:00 EST (Company in Henderson, Nevada and 8:00 AM local time). Stock has had two days of run up. I believe it will continue to run up into Conf. Call. If positive news is announced, it will continue to go up; If no positive news it will drop back down. It could be an excellent day trade, but be quick on trigger finger around 11 AM. Just an idea. SI Thread on VLNC has more info. Peter