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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Mark Johnson who wrote (14522)9/12/1999 10:17:00 AM
From: Eli74  Read Replies (1) of 27311
 
Have to disagree with you, Mark. Nothing wrong with shorting a stock. It is really kind of Darwinian, when you think about it. And ultimately, the fundamentals will win out; if Valence really does have proprietary technology, and if Valence really does have the manufacturing kinks worked out, then all the short-selling in the world won't make a damn bit of difference to the stock price. Selling things that are overpriced is the market's way for forcing prices back to their equilibrium. It is painful but necessary.
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