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

To: Larry Brubaker who wrote (15558)	10/30/1999 12:25:00 AM
From: Rich Wolf	Read Replies (2) \| Respond to of 27311

Larry, Hate to puncture your balloon, but the major resistance from the short coalition on the upside has dissipated. Over the next few weeks, the stock has far more upside than downside potential. In either case, the current trading is just noise compared to the proper long-term valuation, once POs validate the desirability and profitability of the product. Longs would do well to continue to load up on shares before the remaining overhang of uncertainty dissipates... Smile, Larry, it's a wonderful world. You're looking on a company with a very bright future embarking on a successful enterprise... with an upwardly mobile stock price.

To: Larry Brubaker who wrote (15558)	11/1/1999 11:22:00 AM
From: kolo55	Read Replies (1) \| Respond to of 27311

It took less than 30k to clean out 5. Larry, it took less than 30k to take out all those asks you were talking about... You wrote:" ... a huge brick wall of MMs sitting on the ask at $5..." ... THIS statement constitutes the WISHFUL thinking of one who is short the stock." Rich, at the time I made the comment, there were no fewer than 9 market makers at 4 15/16 and 5, many with large blocks available. Wishful thinking or not, it was simply a fact. There was a lot of stock for sale at that price. Looks like an irrelevant fact... the important fact is that CC is running out of shares. Paul