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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tickertype who wrote (866)7/28/1997 6:50:00 PM
From: Emmo   of 27311
 
There is, of course, another posability. Consider those engaged in legal action against the company. Consider that the closer the price approaches the price these people bought at the less likley the case proceedes. Consider that if the price is greater than or equal to the buy price at the time of trial then it is likley the case is dismissed as there is no longer a loss by these investors. Naturally one could wonder if information posted is directed at keeping buyers away from the stock in an effort to keep the price as low as possible when the two sides square off. However, this is just idle speculation as I can't imagine that anyone would want to infulence the price of a stock for their own personal gain.
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