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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: hcirteg who wrote (3592)8/7/1998 3:38:00 PM
From: Pallisard  Read Replies (3) of 27311
 
The price has bumped around between 5/8 - 7/8.
Who's selling? MM to MM
I thought MM's made their money shorting and averaging
down with more shorting, if the price went up, until the
price finally dropped. Maybe I'm overly optimistic but I
don't see any real downside potential right now. Would MM's
be chiseling it down to pick it up in anticipation of the
CC next Weds.

Pallisard
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