VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Robert Cohen who wrote (18974)	4/3/2000 3:33:00 PM
From: John Curtis	Read Replies (1) of 27311

Robert: Not that you need any advice, but don't take INCA personally. You cannot stop them(indeed, somebody's just lowered the hammer with 100 size on the ask right now). VLNC's clearly being capped, hemmed in if you will. Indeed, with that aforementioned size going across, it's beginning to smell like somebody wants VLNC below $20 today. Yup...and as I wrote this another 115 popped up on the ask side....in other words...after staying corralled all day...probably to exhaust the buying; the hammer is now coming down hard...let's see how long it lasts. Bottom line? It's not going anywhere until the pro's are finished. And right now it looks like they're far from done. John~

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