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

To: Larry Brubaker who wrote (14472)9/10/1999 11:37:00 AM
From: kolo55  Read Replies (1) | Respond to of 27311
 
This is true.

CC may have hedged their entire second tranche, and still decide not to convert; but they will be almost out of firepower to push the stock down, unless they decide to short the shares naked. That doesn't seem like a likely decision.

Paul


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