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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Zeev Hed who wrote (9381)3/15/1999 11:16:00 AM
From: Rich Wolf  Read Replies (1) of 27311
 
Zeev, If CC had access to such information and benefited by trading on it, wouldn't that constitute a violation of SEC rules on insider trading? Hence my comment that IF they had hedged, they would like to unwind in the open market, but that to do so they would have had to request the company to NOT tell them ahead of time that POs were going to occur.

Hence it's going to be a very short, sharp ramp as the 1.275M shares attempt to cover. IMHO.
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