Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: kolo55 who wrote (14690)	9/20/1999 3:14:00 PM
From: Zeev Hed	Read Replies (4) \| Respond to of 27311

Paul, by August 9th we had already much more than 2 MM short. My point is that the great majority of the short position is making money, no urgency to buy, the great majority of the long position is under water and thus a source of selling, until the fundamental situation changes, namely, where are those PO's. Frankly, 10 days before the end of September, when Ireland was supposed to be ready to ship, there is no ground swelling of buying, and that must be indicative, IMHO, to additional delays. So much that I removed a GTC at 5-5/16 I had in. I lean to the position that $5.25 will not withstand another onslaught. Zeev Zeev