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

To: P. Ramamoorthy who wrote (5853)	12/9/1998 10:33:00 AM
From: Dennis V.	Respond to of 27311

Hi hc, you're doing your part reading those tea leaves, gettin' in "cat fights" is not the way. Don't ask me why, but I thought Valence would gap up this morning. Just a feeling. Problem with a speculative stock, it confounds normal analysis sometimes, so we have to rely on other indications, like peeking through the cracks. Ol' D.G. doesn't like reading leaves or "theories", especially conspiracy theories. He likes facts. I still think that there are incentives for Lev to avoid positive pronouncements near term. J.C. mentioned liability, but I think Lev would like a chance to snare at least one "speculative buy" from the analysts. Analysts don't like to start coverage with an "underperform" or "neutral". They prefer to start with a "buy" . This affords up and down wiggle room for follow on. If they are faced with a 20 dollar stock, they may defer because of valuation. Please don't bother to respond to this, The cats are "out there".