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


To: Zeev Hed who wrote (9800)3/25/1999 2:14:00 PM
From: hcirteg  Respond to of 27311
 
Zeev-

Aprreciate your WAG's....but I assure you, if it is a P.O.....11 will be merely an afterthought. Remember, Lev is only working on "big contracts."

The stock will easily touch 15 IMHO..if not higher. The $$$ will POUR in to the stock.

BUT...let's not get ahead of ourselves...first let's see the P.O., which, by the way will have to be announced by someone else...some "third party."

Starting to look like MOnday's sell off was done to get some key buyers some shares at much cheaper prices.

HC



To: Zeev Hed who wrote (9800)3/25/1999 4:07:00 PM
From: Larry Brubaker  Read Replies (3) | Respond to of 27311
 
Zeev, I would be quite surprised if a purchase order is in the air, given that the SEC filings say they haven't sent out commercial samples yet.

This stock has jumped like this out of the blue on high volume many times over the last few years and it has always (so far) turned out to be a false alarm.

My theory; Castle Creek did some short covering (no volume restrictions on them buying the stock) to start it on its way back up to where they want to short it again.