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

To: barrcuda who wrote (4645)	11/2/1998 9:22:00 PM
From: Pallisard	Respond to of 27311

David, Nov 16th is the opening of the COMDEX show in Las Vegas. It has been widely RUMORED that this would be an optimum time for Vlnc and/or Motorola to make an announcement about production, contracts, or whatever. Today's price action is puzzling, however, and makes one wonder whether this is mainly market mechanics, profit taking, margin plays, or an indication of unpublished bad news. It would be very disappointing to see the price fall below $5 again, especially since $5 represents a margin cutoff price for many brokerage houses. Pallisard