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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: mooter775 who wrote (11602)5/31/1999 3:11:00 PM
From: jim heger  Read Replies (1) of 27311
 
I'm getting ready too -

for the squeeze. When the market sees the early signs of success (signs I believe already manifest) I'll use buying power.

I've been impressed by the short strength which, though broad at 1.8 mm shrs, I don't regard as deep. They can't be reasonably certain that the company will not perform. That's the investment test they'll face and one that will require a conviction which I think neither the facts will allow nor will the shorts possess. jh

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