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


To: Pallisard who wrote (12857)7/6/1999 7:26:00 PM
From: Dennis V.  Read Replies (1) | Respond to of 27311
 
I-Watch shows increase in "institutional" trading(60%). Could be in error since no "non-I Watch" activity is displayed in the pie chart, and that would be a first.



To: Pallisard who wrote (12857)7/6/1999 9:20:00 PM
From: Eli74  Respond to of 27311
 
I think you're being a bit harsh in your characterization. All I was trying to do was to indicate that the majority of the trading in the last 15 minutes or so was below 7, and that only 3,200 of the total of nearly 21,000 shares traded was at 7. I'm not going to get particularly excited one way or the other about that kind of trading pattern. At this point I'm inclined to agree with John Curtis that the stock will be stuck in a very narrow trading range until either a) we see some significant p.o.s and, even, wonder of wonders, real honest to god income, or b) the company implodes because it can't get the additional financing it needs. Given that we are 3 months past what others on this thread termed several months ago as "My God, we're gonna be broke at the end of March", I would tend to place a higher probability on (a) rather than (b). But that's just my humble opinion.

Eli74