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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (12439)6/28/1999 5:34:00 PM
From: Eli74  Read Replies (3) of 27311
 
I suspect the "expressions of interest in selling" are nothing more than smoke, at least in the case of VLNC. If you look at the holders of this stock, the only ones with positions of that size are insiders and an index fund. So, unless Berg, et. al. are bailing (which doesn't seem likely), no one else has postions that big unless they're shorting the market. Which I devoutly hope is the case, because if they're short, they're gonna get CRUSHED.

Eli74
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