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

To: FMK who wrote (12913)7/7/1999 10:47:00 PM
From: john t. brice  Read Replies (1) | Respond to of 27311
 
FMK> It was my understanding, and I may be wrong, that the minimum market cap is 300 million to be included in this group. If my understanding is correct then at todays price it would require greater than 40m shares. Could you clear this up for me. TIA

duckster




To: FMK who wrote (12913)7/7/1999 11:00:00 PM
From: Paul Moerman  Read Replies (1) | Respond to of 27311
 
According to russell.com it
looks like Valence is on the Russell 3000 add list, but the
2000 changes aren't available until tomorrow?

Paul



To: FMK who wrote (12913)7/8/1999 9:15:00 AM
From: John Curtis  Read Replies (1) | Respond to of 27311
 
Fred: Where are you getting this information? Or are you guessing? According to this;

russell.com

the information won't be available until 6pm PST tomorrow.

John~



To: FMK who wrote (12913)7/9/1999 10:30:00 AM
From: Larry Brubaker  Respond to of 27311
 
<<At 6.875 per share, it amounts to about 285,000 shares that index funds will buy if they are to truly represent the index.>>

Fred, I see that exactly 1,500 shares of VLNC have been bought so far this morning. Maybe the index funds already bought last week?

<<Now that it is official, as Russel members have been notified, some of the shorts may be getting a little nervous and want to cover.>>

Yep, those shorts must be terrified of all of that buying going on today!


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