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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (19933)6/2/2000 5:20:00 PM
From: MGV  Read Replies (1) of 27311
 
The Nasdaq just closed the week on one of the strongest rallies in history, without VLNC. If I were long, I would be concerned. If I were short, I would be reassured, if anything. I would guess the hedge funds that have shorted VLNC are no less comfortable in their position. And I would also suspect the day trader shorts are just a blip on the radar, of negligible effect.
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