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

To: Emmo who wrote (2931)	5/20/1998 12:23:00 PM
From: John Curtis	Read Replies (3) \| Respond to of 27311

Emmo: Probably a combination of all the above. That plus for day-trader types, the recent week's run up provides a goodly return. Be that as it may, this is prime buying time to me since my horizon on this one is longer than 1 week! ;-) I'm adding more accordingly, particularly with L.D.'s statement that the latest interation of the batteries is "significantly" better than the test batteries those 2 major OEM clients reviewed and approved!! And with N.I. being able to manufacture within 3 weeks.....welll.....grab your shares now if you haven't already. This time next year me thinks we just might be smiling! Regards!! John~

To: Emmo who wrote (2931)	5/20/1998 12:31:00 PM
From: Jay Lowe	Respond to of 27311

Well, that's what I said 2 days ago ... the current news is basically no news, relative to the prevailing expectation. I think it's a hoot that we spiked to 7 1/4 ... almost exactly the same as the last CC spike. This is a growth situation. Take Lev at his word ... it will be as much as three months, perhaps, before design-ins are announced with volume POs. No customers were named, no favorable hints about specific design-ins, much stress on getting POs. You notice the price dropping during the CC? The news was good, maybe very good. But better news was priced into the stock at 6 or 7.