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

To: MGV who wrote (13762)	8/16/1999 6:51:00 PM
From: I. N. Vester	Respond to of 27311

From the ticker (large bid sizes) I think that Berg was buying until the end of the first week of August. We may see that he scooped up even more shares this month besides what just got reported for July. He may have stopped buying because he heard something which forced him to pull back. By the time the shorts figure what Carl knows they will likely be trying to cover at much a higher price. One would think that they'd start to figure out that the company really does have sources for all the $$ they need and that the business really is moving ahead in a very meaningful way.