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


To: David Maginnis who wrote (6345)12/28/1998 11:46:00 AM
From: Zeev Hed  Respond to of 27311
 
David, I do not know how low, but SIII went to less then half cash before it recovered. I agree with you that from the fundamental point of view ULBI is a bargain, but maybe the market is trying to say that those heavy investments they have made in automated equipment will take longer then expected to recover. Like VLNC, it is a case of the TA and FA do not jive.

Zeev