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

To: David Penfield who wrote (13324)7/23/1999 12:01:00 PM
From: Rich Wolf  Read Replies (2) | Respond to of 27311
 
David, you have not explained the mechanism. Where is the market off-shore where the shares would be traded? Who's doing the buying? Is the 'short' bet entirely self-contained off-shore, or does the buyer off-shore then sell into the US markets? And how could that be accomplished if he has no actual shares in hand?

I find no substance in your proposal unless you can provide answers to all these questions. TIA


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