VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Im-patient who wrote (8493)	2/18/1999 12:52:00 PM
From: John Curtis	Read Replies (1) of 27311

Fred: Two things come immediately to mind. First, the MM's are keeping a strangle-hold grip on this situation, plus narrowing the spread acts as an enticement to buyers since their "costs" are positively impacted in a corresponding manner. Secondly, folks that are interested in VLNC ain't placing any market type orders. This indicates the knowledge level of those interested in VLNC is high, not only from a VLNC buyers point of view, but also as it relates to general market strategies and tactics(ie. I seldom place an at market type of order). Clearly nobody's about to be suckered by the controlling organizations into a "bull trap," eh? This is good, imho. As HC has said....Give me slow and steady, as long as it's in the appropriate direction. Heh! Just random thoughts here at the lunchtime hour.. John~

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