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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Herb Blair who wrote (3321)7/11/1998 11:41:00 PM
From: Wolfgangus  Read Replies (2) of 27311
 
To all Threaders-

VLNC recent price action is due to the presence of an extremely large seller and a similar size buyer. The near term outcome will be determined by which is larger. My experience is that stocks tend to go up after a size seller is done, but I think it is still too early for that to be the case here.

W
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