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

To: John Curtis who wrote (3286)	7/8/1998 10:43:00 AM
From: John Curtis	Read Replies (2) \| Respond to of 27311

It look's like VLNC's completely retrenched. Now $4 25/32 x $4 7/8. on ~14K volume. Hmmmmm...."re-cocking" for the next round-trip? All right folks, everybody who's tired of the yo-yo, and ready to see something truly of value out of VLNC, say "AYE!!" "AYE!!" Ahem. Now having said that, if you believe in the basic axiom that L.D/VLNC ain't lying about their laminate progress, and that Henderson technicians are now in N.I. to facilitate ramp-up, then I'd expect to hear some substantive news soon(ie. the next 30/40 days). This substantive news, me thinks, should revolve around financing(for all the negative capital reasons stated by a Mark), since it's waaay too soon to even think they're prepared to release OEM testing results from the 2nd generation(as I'm calling the improved product) laminates. But this is, of course, mere conjecture on my part. No news would mean the "sweat" quotient goes up, heh! However, regarding stock "action." After the last few day's of relative volume malaise, it appears to be picking up, although the price is nailed to the above mentioned bid/ask range. If history's any guide, it'll continue to do this sideway's dance for a while longer(ie. somebody restoring their inventories?) and then, maybe by month's end, it'll begin to grrraaaaduuuually move up, again. For the FOURTH time. Anybody out there making money on the bouncy, bouncy? ;-) John~