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

To: MGV who wrote (3822)	8/19/1998 2:03:00 PM
From: Emmo	Respond to of 27311

Those knees feeling weak? Questioning your investment? Starting to believe the rumors? After all what could explain the price drop on "no news". Little man on your left shoulder wispering "sell,sell you fool before it's too late"? Your finger starts for the enter key to complete the sell order and then you remember....Hey, why did I buy in the first place? To make tons of jack when they start selling batteries. Has that happened yet? Have they gone out of business? Have the plants been shuttered yet? Hell no, none of that's happened yet so what am I thinking? So I go look at the chart of SPYG just before their MOT announcement. Hummmm, the price started to tank the week before, no news, just sudden weakness. Hummm, I guess that's how wallstreet can afford all those homes in the Hamptons and the little guys get geeked up when they get to order pizza on Monday nite.

To: MGV who wrote (3822)	8/19/1998 2:20:00 PM
From: John Curtis	Respond to of 27311

Emotion, emotion, Mark, nothing but emotion. What's happened to you? (eom)

To: MGV who wrote (3822)	8/20/1998 1:23:00 AM
From: Gordon Quickstad	Read Replies (2) \| Respond to of 27311

The Delphi deal went to the normal completion date, from what I remember (i.e. did not shut down early). Also, the IDB has not been cut off, it has never started because the required $4 million sales have not been accumulated. Take a look at ULBI's price action (at 7 1/2, down from a high of $20 last September). The market is not convinced that plastic batteries are for real, and if they are that little companies can actually pull it off. It makes for the risk in investing in small start-ups, but a lot of us feel that the company has conveyed that they can do the job that they are chartered to do. In another vein, it is possible that a large company, like Motorola, who I believe has indicated that they will be a supplier of Lith Poly batteries, may be causing the sell-off by a big shareholder by showing their capabilities to customers and analysts ahead of public press releases. If this were to be true, it wouldn't necessarily kill ULBI or VLNC's efforts. Batteries don't seem to get too much margin pressure seemingly because they are not purchased in of themselves, but enable the gee-whiz's of the toys, cameras, and high tech stuff they power, just as we don't think of turning off TV's, computers, and lights to save money.