SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: john t. brice who wrote (8664)2/24/1999 6:33:00 PM
From: John Curtis  Read Replies (1) | Respond to of 27311
 
John: It looks like you called it with yer "they seem to like Thursday news day releases" comment. Good call as I see they've just released the 10Q. Just more of the same from my initial look. Buuuuut, hey, who was it that said any OEM payments for test batteries could be gleaned from this 10Q? Anyone out there want to share their expertise as to exactly WHERE this would show up?? Upon a cursory look at 10Q(I'll read it tonight off-line) could it be that $1.078 Million in accounts receivable or 99K in prepaids? Where?

As for VLNC's recent pullback. Well, how'sa 'bout that!! Short term TA has proven accurate since it in fact did pull back yesterday and today. Soooo, short term(on a daily basis) TA now is saying, with VLNC being just off the upper Bollinger, and RSI at ~ 59, that we should see it move upwards tomorrow. But as to how much....... Anyway, VLNC is still above the ~3 month trend-line of ~$7 1/4, so as long as it doesn't break below that in a significant manner then we're fine. A parenthetical aside, those prior comments contain a lot of ~, eh? ;-) Now to go read more closely.

Bottom Line? Still looking for those material events here as Feb. draws to a close. Hey....my Dec. '98 initial "end of 1st quarter at earliest as it relates to p.o.'s" commentary is looking more-n-more accurate, eh? Come on L.D., make a liar out-a me, puuuuleeeze!!! HEH!

Regards!

John~