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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Bruce A. Thompson who wrote (6416)12/29/1998 10:10:00 PM
From: Bruce A. Thompson   of 27311
 
What's a Million Dollars Between Friends?
by: bathompson (47/M/Greenville, NC) 449 of 455
Joe Investor goes into work and checks his portfolio on the Internet. Curious as to why the stock in Miracles has dropped 15% overnight, he puts down his coffee and begins to type.....

"IT IS ALL A MISTAKE. IT'S NOT TRUE" Shouts hypester on all the message boards. Joe pulls a Free Edgar and finds the S3's announcing the Floorless and the Insider sales. He panics and pulls up his Datek account. The sell at the market order takes 31 seconds. The stock price dropped another 15% while he was waiting.....

"Short another $6 million" Spiral tells his broker. This time Spiral is in Milan for the Flower Festival. "These satelite phones are wonderful" he says as he kisses the woman one more time and pulls on his jacket. Miracles drops another 15%......

Miracles inc., announced today they have no knowlege of the reason for their stock dropping to under $.25. "Why, just last week, the price was over $16" says Corporate Wenie as he boards the corporate jet. Destination not revealed.................


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