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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: P. Ramamoorthy who wrote (7672)1/29/1999 1:28:00 PM
From: hcirteg  Read Replies (1) of 27311
 
Hi Ram-

I'm getting more convinced we are about to pop in the short term. I have just put an order in for some Feb 7.5's...a BIG risk I know, but i had this feeling when we were in the 4 's and jumped to 6.5.

The stock is being manipulated...obviulsy...but it doesn't have the feel of a negative manipulation because the ask keeps moving up.

Boy, shares must be really tuff to come by right now...at this price at least.

HC
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