VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tickertype who wrote (6017)	12/15/1998 1:32:00 PM
From: Zeev Hed	Read Replies (1) of 27311

Tickertype, I do not know what CC will do, but such limitations on daily or monthly trading does force them to spread any hedging action over time. Since such limitations are often related to average volume, the higher the volume the faster they can finish their (potential) hedge positioning and thus the shorter the time impact on the stock, IMHO. Zeev

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