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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: MGV who wrote (7385)1/23/1999 1:31:00 PM
From: FMK  Read Replies (1) of 27311
 
<<No matter how you count them, the sale of 30,000 shares less than a month ago speaks volumes about his view of the likelihood of imminent commercial success.>>

It speaks volumes if he used proceeds from the 30,000 shares to increase his position by exercising his options to buy at lower than market prices directly from the company.

BTW, thanks for pointing out the possible buying opportunity. If the article worries a few investors who sell to institutions, more stock will be in stronger hands. It should then really fly on some positive news because more short-termers will be gone.
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