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

To: John Curtis who wrote (3879)	8/22/1998 10:42:00 AM
From: hcirteg	Read Replies (3) \| Respond to of 27311

Hey John- Thanks for the belfast posts. Go back and look at the volume chart over the last 9 trading days and follow the price movement. Sure looks like we found the bottom and should see a bounce up from here (thanks to to the buying we saw late in the period). One can never tell however just how much more the seller wants to sell, but as is the overwhelming sentiment on all VLC boards now, WHY SELL NOW? I have come to the absolute conclusion that this indeed was either a forced margin call or someone who needed cash and a lot of it... and fast. If thier portfolio has VLNC as a speculation stock with the likes of GE, INTC, etc, well, VLNC gets sold first. I can't imagine a holder(s) of this stock would dump their entire position right now. Even the historically biggest bears on this thread (except Mark AKA Darkgreen)have jumped onto the bull wagon...which I might add, these guys ARE smarter than us...or just luckier in timing. I wish I had waited untill now to get in!!!! I stick to my guess of up movement from here...unless their is a panic in the overall market. I can't lie and not say that I will be holding my breath at every 1/4 point move up waiting to see if the sellers are still here...BE GONE YOU DEMONS! HC One more thing...Hey Lev, time for a contract announcement please.