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

To: HQ who wrote (10167)	4/5/1999 12:03:00 AM
From: Tickertype	Read Replies (1) \| Respond to of 27311

Pullback to $12?? ....... I'd be surprised. The runup will happen because a lot of new investors will want to get in on the opportunity once success is assured and the enormous potential becomes clear to the greater investment world. The fairly limited number of present shareholders will not be adding enough shares to have any meaningful effect on the price from that point on - the price will be driven by lots of new buyers. I can't believe that many of those who've held all this time will want to sell in the teens, and the effect on the price by those who do will easily be offset by buyers wanting in. So I don't look for any significant pullback before we've gone a lot higher. If additional contracts are signed until all four assembly lines are running at full tilt, the stock may keep going for quite a while, IMO. My 2 centavos. - T -