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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Dennis V. who wrote (15506)10/28/1999 1:39:00 PM
From: Bruce A. Thompson  Read Replies (2) of 27311
 
Dennis,

Exactly my point. CC selling short during the fall from $7 is where the dilution occured. The conversion and return of borrowed shares did not affect the recent marketprice at all. The new round of shorting will.

BT
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