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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Gordon Quickstad who wrote (419)5/22/1997 3:35:00 PM
From: Paul Dubsky   of 27311
 
Wow. I happen to be watching the trading of VLNC today, and in the last 1/2 hour over 100,000 shares have traded when only 200,000 have traded all day long. I put a limit buy in at 9 when the bid/ask was 9.125/9.375 and in 1 minute, it took it! Someone has some excess inventory that they are unloading. I trade Scwhab and recall someone stating that a MM in this stock is a Schwab broker. So, maybe they bought too much during the run-up and are trying to unload. It's hanging around 9 still.

What's up with Lithium Tech today? Up 50%! (Of course, when you start at 1/2 buck it's easy to rise 50%!)

Anyone with any news on either VLNC or LITH??
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