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

To: kolo55 who wrote (3613)	8/10/1998 2:00:00 PM
From: kolo55	Read Replies (2) \| Respond to of 27311

We also my hear firm plans for an analyst trip. Forgot to add to my previous post; the company could announce and discuss briefly their plans for an analysts trip to the NI plant in this week's conference call. If they are as close to continuous production as I think they are, they probably can now schedule the trip. In the last call (June 30), Lev said they wanted to hold this trip in the next 4-6 weeks. Well, that time period has now almost elapsed, so we should hear about a trip. I see there has been a lot of discussion of the trading last week. Well, given the poor overall market last week, the peculiar spread and small blocks going at the day lows, and the rebound back to 5 today, I suspect we saw some margin forced selling. (my opinion) The timeframe is certainly shortening up for Valence; I expect a lot of information will come out in September and October. One way we might hear of customer purchases, is when these customers announce new products that use Valence batteries. I wouldn't be surprised if we hear some of these kinds of announcements in this timeframe. Paul