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


To: John Curtis who wrote (3089)6/9/1998 12:21:00 PM
From: Jay Lowe  Read Replies (1) | Respond to of 27311
 
Yep ... I've noticed that pattern and also don't have the
wherewithall to explain it.

I *will* utilize it.

My bottom line is that:

1. VLNC will exceed $7 before the next CC (chart truism)
2. VLNC will sustain $0.50+ base increase if CC is neutral to ++
3. VLNC will move up from $7 on news of major OEM adoption(s)

According to this, the stock is very nicely priced now. Very.

Worst case is that I cash on the spike... I'll probably accumulate
some just for that purpose... heck, I may margin it if the price
remains low going toward the CC.

I am setting limit orders just below the stable ask and generally
getting them ... adding bit by bit.

The trend is my friend.