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

To: Mark Johnson who wrote (7165)	1/17/1999 4:40:00 PM
From: hcirteg	Read Replies (1) \| Respond to of 27311

Mark- Here's how I see the next few weeks. I see the stock rising to 10-12 again ahead of the annual meeting. I was thinking all weekend how LEV could make it through that meeting without a significant update. With some of us there asking tough questions...well, I am sure he knows that the pressure will be on. So,.... I say he takes the pressure off BEFORE the meeting. Maybe he could deflect some of the "P.O" news via a CFO announcment. But, the palm pilot, Abbott, the laptops, the cell phones...just too much that is going on for now not to be the time. I think we are REALLY at the gates of gold. It just feels a LOT different this time. Options activity late Friday drew the price down to 7.5 before closing a t 7 3/4. But did you notice the bid made it all the way up to 7 15/16 X 8 but the market closed before any trades. We have strong support at 8+. I see Tuesday AM as a slow but slightly higher open and then...watch out. IMHO...volume and price action will increase dramatically and this week we again venture ourselves northwards. I am glad I have been accumulating over the last 2 weeks. Time to reap some rewards. Good Luck. HC