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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: kolo55 who wrote (3862)8/21/1998 5:12:00 PM
From: DKR  Read Replies (2) of 27311
 
With the stock under $4, I must admit I got the mother of all margin calls. I didn't liquidate any VLNC shares, nor do I intend to. However, my margin debit balance is due 8/25, which I assume is true of others in such a position. Margin selling could continue early next week, however after that, if it rises above $4 it would then be marginable and we could see a wave of margin buying. The bleeding appears to have subsided.

Anyone have current short interest information? If so, please post.
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