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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Rich Wolf who wrote (14624)9/16/1999 9:36:00 AM
From: Larry Brubaker  Read Replies (2) of 27311
 
Rich and Paul. What you are suggesting is Castle Creek may have boxed its short position and possibly sold the long shares they had acquired over the spring to drive the price down last month. I think this is what you are saying:-) Seems possible to me, but I'm not sure of your point, since the results would seem to be the same as if the shorted to drive the price down.
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