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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: hcirteg who wrote (8367)2/15/1999 1:00:00 PM
From: Jacques Tenzel  Read Replies (1) of 27311
 
Institutional Interest Growing
31 Institutions hold 8.21% of the outstanding shares as of December 31,1998. Of these, 4 established new positions while 1 liquidated their holdings. Overall, Institutions increased their holdings by 9.91% for the period from September to December. That makes continued increases in institutional interest over the past 6 months following the previous decrease when the small cap index funds pulled out following the de-listing of VLNC. It never ceases to amaze me how slowly and surreptitiously institutions can buy into a stock while everybody else remains on the sidelines. Definitely another good sign.

Good luck to all the longs.
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