VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (18413)	2/22/2000 6:43:00 PM
From: Socalsteve	Read Replies (3) of 27311

John, I was watching the last 25 minutes realtime. A little over 100,000 shares traded in the time span. First, a fair amount of volume showed up on the ask(about 20 minutes before close), the price got walked down on 100-300 share trades. When it got to 29 7/8 or there-abouts, the volume moved over to the bid. Also, the spread widened to 1/4 at the same time. Very interesting and quite profitable for the MM's. Most of the trades at this point were in the 1000 to 2000 size. What's it mean? Any guesses out there? Regards, Steve

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