VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (19468)	5/1/2000 8:13:00 AM
From: John Curtis	Read Replies (2) of 27311

"The way I interpret the current growing short position is that some big money has made a guess that they will win on this one." Based on an earlier supposition made by you, and one which I agree with, that it's most probable the "big"(whatever THAT means) money initiated their short position at a level considerably higher than current valuation, then it's safe to say they've already "won". The question now becomes; how long do the major players(those hiding behind INCA, et.al.s facade, and the bulls behind their respective "line") continue my much mentioned ASK gambit at this level; and how much pressure can both sides bring to bear to facilitate their relative positions in this little cyber-struggle we seem to be watching. Bottom line? It should be an interesting week. John~

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