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

To: Jay Lowe who wrote (6103)	12/19/1998 11:38:00 AM
From: John Curtis	Respond to of 27311

Jay: "It sure ain't DSL." Heh! Yup, and THAT's a product I know a little bit about. ;-) But as far as projections on the back of an envelope go, all of which cannot be substantiated at this time, yours provide a realistic scenario for the immediate(+1 year) future. When speculating one should not let potential numbers go to your head, so keeping to the "Red Chip" point of view is better. A double bagger from current valuation ain't a bad thing. Now let's see VLNC start to execute over the next couple of months in order to achieve it, eh? As for VLNC's current value....well.....since I'm sitting on an easy double you could say I'm pleased. I'm further pleased with the technicals as VLNC appears to be holding up/stabilizing in the ~$7 5/8 to ~$8.5 range. Clearly some folks have entered the stock and are staying for the "long" term. I also like that somebody keeps stepping in and buying every time she gets down in the area it's at right now. Over the last couple of days the bid size has been very interesting when it gets to this level. Meanwhile, I for one would like to hear from more threadsters who may have seen/visited the company's facilities(thank you David as one example) and a little less from folks whose only knowledge of this company appears to be from the vantage point of their keyboard(and hey, regarding THIS company that'd also include me, heh). No offense to anyone but hearing from someone who has done a little legwork not associated with a keyboard would be nice, eh? Happy holidays everybody. John~