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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (16403)11/26/1999 2:00:00 PM
From: Rich Wolf   of 27311
 
Saw the level II trading today, 233k shares is correct. Stock is acting very well this week, profit-taking has flattened out and there are lurking buyers out there. Stock is finally trading more 'normally.' If the potential POs Lev hinted at during the call are realized soon, buying will accelerate, fueled by yet again more short covering.
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