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

To: Rich Wolf who wrote (13321)	7/23/1999 11:45:00 AM
From: golden_tee	Read Replies (1) \| Respond to of 27311

There is nothing to explain. He is short, and trying to provide a pipe dream explanation for how SCUR's price decline could possibly be related to CC shorting. There are other example companies than SCUR, that also show that CC does not behave the way the shorts would like longs to believe. Anyone just see the 10k buy?

To: Rich Wolf who wrote (13321)	7/23/1999 11:51:00 AM
From: David Penfield	Respond to of 27311

Off-shore shorting is done outside the US and does not always involve borrowing the shares before selling them. It is this lack of borrowing that makes me wonder whether the short interest from off-shore "naked" short sells are included in the monthly short interest numbers.

To: Rich Wolf who wrote (13321)	7/23/1999 12:01:00 PM
From: David Penfield	Read Replies (1) \| Respond to of 27311

Rich - Here is a post by Zeev that explains the death spiral mechanism: Message 5368910 Watch VLNC, UOLP, and AND right now to see how it works. Short them and make some money. As Zeev says it is like shooting fish in a barrel.