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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (17140)12/20/1999 6:37:00 PM
From: J. M. Burr  Read Replies (2) of 27311
 
Zeev: I noticed from the outset that there was some very interesting trading occurring today. The average trade was 600 shares; however, the ratio of small trades (200 shares or less) to large (1,000 shares or more) was significant. I have seen this before in companies where a break-through has occurred and the insiders (viz., the employees of a firm) advise everyone in their family to "buy, buy, buy." I don't know if that is what occurred today, but for sure there was no other information out there that would account for such a surge -- options notwithstanding. If you have a better idea I'd love to hear it.
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