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

To: hcirteg who wrote (15044)10/5/1999 10:50:00 AM
From: kolo55  Read Replies (4) | Respond to of 27311
 
CC is getting hit a lot on the ask today.

They and their cohorts are surrendering a lot of shares. They have sold over 23,000 already, and now CC is showing only 1000 shares on the ask.

Today won't count toward lowering the conversion price, if the current prices hold up. CC must get the price down below 5 to count, and right now they are having a hard time holding the price at 5 3/16.

Paul



To: hcirteg who wrote (15044)10/5/1999 1:22:00 PM
From: P. Ramamoorthy  Respond to of 27311
 
Around 1 PM, the price showed weakness. Selling pressure was on and seems to continue but not with as much power as we saw in July-August time frame. Ram


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