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

To: Tickertype who wrote (13362)	7/23/1999 4:42:00 PM
From: Pallisard	Respond to of 27311

I see on Thompson I-Watch there was a buying interest message for 100,000 at 2:50 pm. Looks like that got translated into executions. I'm sure some of the shorts don't want to have a vulnerable position over the weekend, especially with the stock closing on its high with a 50x5 spread. As well, the floorless scare-bull scenarios are beginning to fade. Market-wise, Tues or Weds would be a propitious time to announce new financing and/or something material. IMO. Pallisard