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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Javelyn Bjoli who wrote (1576)12/6/1997 7:07:00 PM
From: webpilot  Read Replies (2) of 27311
 
Javelyn, You are right in your analysis. Could you please comment on the following. ULBI has their stockholders meeting in NY on Tues. The ULBI stock chart appears to be technically lined up for a rise in price. In the event, or when they announce production, how will the tremendous short interest in the stock play out. There is nearly 20% of the float short, nearly 1 million shares. This may have a greater impact on stock price than the actual production numbers.
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