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


To: Bob Childers who wrote (15483)10/27/1999 4:51:00 PM
From: P. Ramamoorthy  Read Replies (1) | Respond to of 27311
 
Bob,
Good size trades so far, some 17K block canceling twice at 4 7/16. This is not Level II observation.

Short interest data are in.

If VLNC does not file their month-to-month financing deal(with SEC) by this Friday, what would that mean? No need to sell stock to raise capital. Why would they not want to raise capital now? They already have capital to run operations? Guess!

If they do not announce any financing deal in the next day or two, it's time for speculating Monday's stock price. The countdown for CC conversion starts on Monday, Nov 1! Ram