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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Paul Dubsky who wrote (1496)12/4/1997 9:56:00 AM
From: Greg McDaniel  Read Replies (1) of 27311
 
I was referring to Don W. NBR appearence several months ago. Looking a t the shares being traded leads me to believe there are more than 800 stockholders now. Why? many trades each day in the 100 to 1000 shares range. Or are the same players trading the same shares among themselves? Is this a relevent question? If the number of holders have increased and are in weaker hands then not knowing the fundamentals of the company there could be panic selling or year end selling. It seems that those that have a strong belief in the fundamentals are not willing to sell now for year end selling because they believe they would miss the pop on any positive news.
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