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

To: John Curtis who wrote (6186)	12/21/1998 6:01:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 27311

John, you might be right about the low $4', but if that happens, the technical damage of trashing the resistance at 5 to 5.25 will be awesome. I just got in near the close today (after bailing out on the open, as I promised over the weekend), on the theoretical assumption that the resistance around $5 will hold. If that does not hold, I'll take another loss. I will not be in tomorrow morning, so my fate is not even in my hands, will I come back tomorrow afternoon to see it decimated to below $4? Zeev

To: John Curtis who wrote (6186)	12/21/1998 6:10:00 PM
From: Greg McDaniel	Read Replies (1) \| Respond to of 27311

John, I left the station for 3 hours and learn this. I can not believe this! I come back and see it tanked 30%. Yeah there will be some coming home tonight and re-thinking this VLNC investment. Look's like Zev is anticipating a Dead Cat Bounce. Only problem I got now is I didn't have the opportunity to sell on the way down.