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

To: kolo55 who wrote (14303)	9/5/1999 10:52:00 AM
From: John Curtis	Read Replies (1) \| Respond to of 27311

Paul: Indeed, VLNC looks like an interesting play at this point. I have already taken advantage of the buy/sell war you articulated in a prior posting. And although what you posted is really just so much conjecture(without seeing the actual trades by way of proof), still, it matches, more or less, my own hunches as to this straight-line decline. I'm more or less a believer in the random walk so for me it's the straight line decline, after months of "rolling"(as some others have defined the bouncy bouncy), which is a tail-tale sign of aggressive manipulation to an end classically defined in floor-less convertible terms. But is this truly the case? Well, ultimately it IS anyone's guess. Still, one needs to consider the timing of when this all began and the reality, as defined by PR news and the last management c.c. to say nothing of that SEC filing announcement by VLNC of end of September N.I. readiness, that VLNC may be very close to commercial operations. If you consider this to be true, then it becomes immediately apparent, via the last couple of weeks of trading patterns, that certain "powers" are jockeying to maximize their future VLNC profitability. These powers have the money, the knowledge, and the systems access to avail themselves of such strategies as will insure their success. We, as small fry, need only guard against being trampled. Ultimately, however, if you stay alert then you can pick your entry point and, if you've the cahones, take your shot. But please, PLEASE, stay away from margin. I discount most of the hubris from the likes of Mr. Bill, et.al., because these folks have clearly attempted to short, something I don't necessarily have a problem with in and of itself. It takes all kinds to make a market after all. But you have to consider that these folks have attempted to establish themselves as some sort of "authority" on the stock game here within the confines of a very small piece of cyber real estate called SI. As such, once they make predictions of a shortie(or long for that matter) nature on other threads, it then is in their interests to attempt to shake the opinions in all relevant arenas of discourse regarding said equity being recommended to short. In effect, they attempt to manipulate their original prognostication into reality. Some would call it a conflict of interests. Some will call it fair game. I call it an attempt to manipulate for your own gain. Still, it puts a new twist on the old stock market game, because until the internet came along, this type of game was very hard to run and involved boiler rooms and lot's of cold calling to your average "retail" investor. Now it's so much point and click. By the way, I don't have a problem with folks trying to manipulate towards their own ends, per se. We're all adult boys and girls here and fully capable of understanding in an adult manner what is being attempted. I DO have a problem when folks stand off on other threads wherein they make bold, fanciful claims and recommend others follow their lead in some sort of blind exercise in hubris and ego, all under the guise of being an authority on the matter. Hey, that wouldn't be Cyber Facism, would it? HEH! Anyway, just some thoughts on a cloudy Sunday morning. Everyone have a happy! John~