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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Jacques Tenzel who wrote (19522)5/5/2000 5:50:00 PM
From: J. M. Burr  Read Replies (1) of 27311
 
I believe that if you check you will find that institutional interest peaked shortly after the annual meeting. Secondly, over the last week one could purchase VLNC at bargain basement prices, but if you check the volume and the shares per transaction figure to which I have referred, and if it were possible to obtain up-to-date institutional buying, you would find that just as I have said --institutional interest is minimal. I think it will remain so until one can see the bottom line of a company that has moved from strict R&D to production status.
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