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


To: kolo55 who wrote (15715)11/4/1999 1:33:00 PM
From: John Curtis  Read Replies (1) | Respond to of 27311
 
Paul: Today's volume is much reduced(so far) from yesterdays surge. What're the odds a certain percentage of yesterdays surge(roughly double the volume high of the past two months) was motivated by short covering, and that today's a better indicator of true buying demand?? I'm off site so cannot see Level II. You noticing anything of significance??

Currently, $5 13/16 x $5 7/8 on 189,900 shares.

John~



To: kolo55 who wrote (15715)11/4/1999 2:04:00 PM
From: Larry Brubaker  Read Replies (2) | Respond to of 27311
 
<<How long do you think the "wall of shares" at 5.00 will hold the stock price below that level?>>

Paul, all I said was at the time, there were no less than 9 market makers on the $5 ask, some with large blocks for sale. Simply a statement of fact at the time.

So how many weeks has it been since you predicted Castle Creek would convert the remainder of their Series B shares within two weeks?

Also, what is your prediction for what will happen to the stock price if the Nov 11 quarterly report shows insignificant revenue through September, and VLNC management during the conference call continues to be quite vague about when we might see a purchase order?