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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: LiPolymer who wrote (21201)8/23/2000 6:15:59 PM
From: MGV  Read Replies (1) of 27311
 
At least you can laugh! The poor PM's that bought VLNC for performance in Q2 (as opposed to buying for purely mechanical reasons) have vastly underperformed. They aren't finding any humor in VLNC and their shareholders are finding even less. The block money flow has been negative for roughly 6 weeks now. Some of it may be mechanical selling based on index weighting. The rest of it wouldn't be expected to return any time soon!
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