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

To: Larry Brubaker who wrote (15031)	10/5/1999 2:00:00 AM
From: Rich Wolf	Read Replies (2) \| Respond to of 27311

Larry, there is NO DATA for your wild theory that Castle Creek somehow magically covered their shorts in the low 4s. The selling was coming from the short coalition itself, and when they ran into a wall, then they proceeded to jump in front of the bid, in an ATTEMPT to cover. But no one would sell to them. Before you knew it, CC's MM was defending the 4 3/4 ASK price, which was getting pounded mercilessly. CC gave up a day later. We watched the MMs who were defending the stock, and they were supporting the bid in the 4s. Not your shorts. These facts have been laid before you repeatedly, yet you deny them. Fine. But it leads to the conclusion that you really have a short agenda overall and seek to revise history for the purpose of selling some less informed longs that CC is able to do the impossible: cover while they are shorting more! ... Or, you are simply hopelessly myopic and unable to process such simple data. Take your pick. But the facts remain: minimal covering took place in the 4s.... that concept is sheer wishful thinking on the part of the short coalition.