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

To: barrcuda who wrote (2962)	5/21/1998 11:25:00 AM
From: Matthew Leo	Read Replies (2) \| Respond to of 27311

Share accumulation and it's effect on price in a company like Vlnc can often be quite dramatic. Here we have a company making the transition from R&D to production. A revolutionary product with a great potential market. If memory serves, I think Lev said $20 billion. Demand for these batteries will be far greater then supply for the foreseeable future. The long and the short of it is the same is true of Vlnc's stock. There are simply not enough shares to go around as funds and institutions jump aboard. Watch the stock climb. It's happened numerous times before with other companies introducing new technology and I believe it will happen here. IOMG, PCTL, SNDK, .... Best wishes, matt