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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: Larry Brubaker who wrote (12493)	6/29/1999 11:25:00 AM
From: John Curtis	Respond to of 27311

Bottom Line? We're back to the bouncy bouncy on paltry volume. Wake me up when there's another news release. Zzzzzz... John~

To: Larry Brubaker who wrote (12493)	6/29/1999 11:51:00 AM
From: Rich Wolf	Read Replies (1) \| Respond to of 27311

Oh, Larry, every investor has an agenda. A true cynic could have unloaded 'knowing' there'd be no new info from the CC, and the price would settle back on light volume. Once again, they'd have guessed right. Then there's those darn shorts (do you know any?). And it could be Castle Creek, though I have a problem with that, since as beneficial owners of over 4.9% (they hold over 10%) of the shares, they ought to be following SEC reporting requirements if their position ever undergoes a change in beneficial ownership of more than (x% ... do you remember the number? it's small, I know, much smaller than the total overhanging short position), and they've never reported such a change (even short selling would require that, as Zeev reminded us). So that's what makes a market. BTW you keep stating only big blocks being sold, but I saw blocks of 3-4000 shares being bought as well, on the way up. Could very well being the same blocks being tossed back, as the buyers realized they were premature.