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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Zeev Hed who wrote (25633)10/28/2002 11:17:04 AM
From: Steve Lee  Read Replies (1) of 27311
 
The Berg replacing expensive shares is the most feasible but of course I don't really know what is causing this strange trading. I think if it were just MM profit taking then the price would be allowed above 0.7 now and then to get the bulls lathered.

Something fishy is going on with this selling at 0.7 looking like a mechanical arbitrage of some kind.

In short, someone in the know doesn't think this stock is worth more than 70 cents <g>
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