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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (14397)9/8/1999 2:02:00 PM
From: John Curtis  Read Replies (4) of 27311
 
You could be right about C.C. gaining more by waiting. The key point in waiting is if they don't see anything coming from VLNC in the next month or so. Then absolutely, waiting is a good strategy. But should C.C. convert in the next couple of days to reap the best conversion "strike" price.....well....if you assume they've got more information than the rest of us, then this certainly makes for an interesting signal being telegraphed, no?

Be that as it may, I council the longs not to start cackling quite so soon, because this game is far from over. Now let's see how the next couple of days unfold....
John~
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