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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: I. N. Vester who wrote (14548)9/13/1999 6:51:00 PM
From: kolo55  Read Replies (1) of 27311
 
One more thing- the sellers have disappeared.

We haven't seen a concerted seller attack since September 1st. That evening I moved my SI post to Yahoo, talking about the death spiral attack and the selling coalition. The next day we rallied, and have been trending mostly up since then...

Here is the first post in the five Yahoo posts it took to cover the message:
messages.yahoo.com

One other thing curious about September 1st (the day the closing bid bottomed)... That day there were quite a number of large blocks dropped, especially by one market maker (CC ???). If so, then CC may have violated the agreement with Valence limiting them to 30,000 shares a day, or 15% of the shares traded.

I wonder if CC had their hand in the cookie jar?

Paul
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