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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: mooter775 who wrote (1465)11/30/1997 5:41:00 PM
From: wm sharp  Read Replies (1) of 27311
 
Thread - This news regarding significant progress in Line 3's yields (& the likely application of this improvement to Line 2 and subsequent lines) combined with the important near term factors Mooter cites in item #4, prompts me to restate my earlier question:

How will institutions accumulate a meaningful position in VLNC without driving the price up? I would give at least a few of them credit for doing their research on this company's prospects. The time frame is short. Small float. Thin volume. Time is running out on the big players.

Well - just hypothetically mind you - they could start by trying to take advantage of margin calls and stop loss orders. Under such conditions, the Form 144 filing, the Korean economy, whatever, would be pure gifts.

I look forward to the day - IMO sooner rather than later - when they can't hold this one down any longer.

(PS: VLNC is also a part of the S&P SmallCap 600. I tried to get an updated report today, but was unsuccessful. Will do so asap and report any significant changes here. I do expect the new report to reflect the news of litigation dismissal.)
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