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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Bruce A. Thompson who wrote (6508)12/30/1998 11:41:00 PM
From: Pallisard   of 27311
 
I believe the large seller(s) was(were) supposed to be an(some) ex-employee(s) such as Cal Reed exercising options before they (the options) expired. If so, then he(they) is(are) merely taking profits before expiration, and he'd(they'd) hardly need a research staff. If he(they) was(were) selling short, then that's his(their) problem because contrapuntally someone was buying long. Who implied he(they) would care what the board posted?
Does this sound like an S3?
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