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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: tmoney who wrote (11226)5/19/1999 2:37:00 PM
From: Pallisard  Read Replies (1) of 27311
 
Tmoney, 55 institutions already small initial positions in Valence totaling 8%, according to Rich Wolf. Obviously their strategy must be different than yours, otherwise they would have no position at all. When P.O.'s finally come, even before an accurate assessment of EPS can be made, I should think some kind of increase in their initial positions would be a natural extension of their strategy. Your institution is apparently more conservative than these who have already "wet their toes".
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