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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Chisy who wrote (17002)12/14/1999 12:35:00 PM
From: mooter775  Read Replies (1) of 27311
 
I would guess when the next contract is announced. Which I am guessing is a lot sooner than they think.

But then, there is no doubt some consternation going on in the "short camp". Why else would one of the shorts bother to email to a wide array of institutions a "fact sheet" on Valence - which was done last weekend - and suggest shorting the stock...?

IMO, we will see additional contracts within 30 days and upon that event, we will see some serious short covering.
Stock is acting pretty well, continues to consolidate in the $ 16 - $ 17.50 range.

P.S. Bought some additional shares yesterday and this morning...
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