VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (22315)	11/16/2000 2:35:35 PM
From: mooter775	Read Replies (1) of 27311

John, Interesting speculation. My WAG is that the short position will show a 300,000 share increase in the next published figures. Saw lots of shorting last week - easily 150,000 prior to Thursday. Don't know how much covering happened on Thursday, but did see shorting at $ 18.00 on Thursday and a lot of shorting on Friday and Monday. Tuesday's rise may have reduced that, but Wednesday and Thursday also showed more shorting. We'll see, but I'd guess that it will be up if the cutoff date is 11/11 - 11/15/00... P.S. Nice to see institutional ownership generally increasing in the 6/30 - 9/30 period as well, despite a pretty rocky market.... Bottom line: I think the wind shifted, and is now to the back of VLNC, esp if they can execute on some meaningful licensing deals.....

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