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

To: Mark Johnson who wrote (9037)	3/8/1999 10:13:00 PM
From: Pallisard	Respond to of 27311

Mark, I don't think anything in particular is buoying the price, and that's important. The price is being supported by the average evaluation of all the investors, a few are selling, a few more are buying. (I'm somewhat dubious about the existence of the individual mysterious seller.) The price recently simply seems to be a reflection of the general consensus of opinion about Valence's eventual outcome. There'll be no sudden lurches in one direction or another at this stage without a stimulus. IMHO