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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: kolo55 who wrote (14347)9/7/1999 3:50:00 PM
From: MGV   of 27311
 
LOL Try to control your schoolgirl glee! Projecting prices forward several days when the stock is up 1/8 and the day is not even over sounds as though someone is getting pretty emotional - emotional enough to lose sight. ; ) Thats my bet - klemencic's emotional glee is making him too dizzy to think clearly.

"This really puts the pressure on the selling coalition... Hey guys, the ball's in your court, get out there and short!!"

In all seriousness, one significant point that our myopic friend is missing is that there is no pressure to convert until VLNC produces. A few days of upticks is hardly a reason, let alone "pressure." If CC believes VLNC is for real, the possibility of "losing" 12,500 shares is a drop in the bucket. Don't believe me? Then go ask wolanchuk/kellett/mooter775. They'll tell you! Why, the ten time market timer of the universe has been reported as calling for VLNC stock to be at $100 by 11/99. ; ) There you go.

The bottom line: CC has structured the deal so that they gain more by waiting. No klemencic, the pressure remains on VLNC and, apparently, on you!
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