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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Paul Dubsky who wrote (222)4/17/1997 2:25:00 PM
From: Gordon Quickstad   of 27311
 
Thanks much for the chart, Paul. I'm thinking that in slow markets that the market makers can bring a stock back down by manipulating the bid and ask prices and they still make money from the spread and accumulate shares also. Then they can unload into the next volume spurts and really clean house. I'm not sure that this is the way it works, but it seems like it would be easy enough to do. Gordon
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