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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (14898)9/28/1999 2:07:00 PM
From: kolo55  Read Replies (1) of 27311
 
The selling and buying came from the usual sources.

About 75,000 shares traded in 25 minutes... they pounded the bid but good... this was August all over again. Interesting that the selling didn't seem to be coming from the MM who has been selling for the last month, but through the MMs who sold heavily in August.

The buying was through the MMs who thwarted the last death spiral attempt.

I still see at least one order for 5000 on the bid at 3/4, is this what you mean by 'zilch'? No trades in the last 20 minutes now. the attack has abated... amazing how orchestrated this attack was.

Paul
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