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


To: Dennis V. who wrote (13194)7/18/1999 1:15:00 PM
From: Larry Brubaker  Respond to of 27311
 
<<someone is buying on the open market at these levels, blithely unobserved by Larry.>>

Yeah, that's why the price is going down, and the technicals look the worst they have since December. The only buying of any significance I have seen since Mr. Warbucks entered the picture was the July 1 Russell 2000 index fund buying-blip.

Oh, and just to remind you guys. This was just one more instance where FMK issued a false alarm. When he informed us that VLNC was in the index and predicted massive buying...one week after the index fund buying had already occurred.