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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (2289)2/21/1998 5:09:00 PM
From: Larry Brubaker  Read Replies (2) of 27311
 
FMK: If, Lev was being deliberately conservative to throw water on the runup, he did a good job of it. If, as you suggest, he was doing this because institutions don't like volatility, the several money managers participating in the conference call must not have appreciated what he was trying to do. I heard a lot of impatience in the questions of the different fund managers.
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