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


To: jean1057 who wrote (5741)12/3/1998 11:22:00 AM
From: John Curtis  Read Replies (1) | Respond to of 27311
 
Jean: The bid's being moved down in an interesting manner. I expect all kinds of "games" today, particularly if you use all the....eh...."diverse" commentary that's been appearing of late on the various VLNC threads. Games? Yup, people shorting on anticipation of some sort of N.I. visit let down. Other people jumpin' in on anticipation of something positive coming out of that same visit. Pushin' and pullin' and cajoling commentary of alllll sorts is to be expected today.

Bottom Line? I'm not really expecting much out of today's visit. After all, to expect analyst(s) to proclaim the value, and efficacy, of VLNC on the same day the visit is conducted is just a wee tad optimistic. However, over the ensuing days, if their impressions are positive I would expect to see corresponding pressure being applied to VLNC. This assumes, of course, the usual not one peep out of VLNC regarding p.o.'s, etc.. If they peep, heh, then all bets are off. But meanwhile, expect MM's, shorties, etc., to run their game.

Regards!

John~