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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Greg McDaniel who wrote (20266)6/27/2000 9:34:00 AM
From: John Curtis  Read Replies (1) of 27311
 
Greg, et.al.: This is starting to get very interesting. Short size is at a huge all time high. Institutional involvement in the equity is also at a high. The twin peaks of investment sentiment, all on one stock.

I can't remember the last time I saw such a divergence in market tactics on the same equity. Particularly with a stock so newly emerged from being a "story," to one of commercial reality.

And the shorting this time came during that period of very constrained price movement. It's all enough to make one go hmmmmmmmm......... ;-)

Now let's see how VLNC trades today.

John~
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