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


To: David Maginnis who wrote (4653)11/3/1998 3:31:00 PM
From: John Curtis  Read Replies (1) | Respond to of 27311
 
David: Sorry I didn't get back to ya sooner, but I'da said that as long as yer using speculative coins then the value it was at when the market opened this morning would be a perfectly acceptable entry point. I still see it as being at an acceptable entry point, however not being one to easily buy at market, I'd put in a bid at $5 1/2 just to see if it swooops down a wee tad.

But, with this announced c.c. for next week(one I haven't yet received a FRB fax announcing), me thinks the price may hold steady at this level and may even surge a weee tad over the next few days just on anticipation. Still, volume today is paltry so that aforementioned bid price ain't a bad strategy in my book.

Bottom line? Now's the time to watch VLNC's situation veeery carefully.

Regards!

John~