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


To: Robert Cohen who wrote (15777)11/8/1999 1:16:00 PM
From: Pallisard  Respond to of 27311
 
Thanks Robert, I was wondering who was on the ask. I noticed the ask was walked down from 5 9/16 on less than 5000. Seems like someone wants to cover or accumulate in the low 5's or high 4's. Fortunately I sold some Dec 7 1/2 calls when it was at 6 1/4. As John says, bouncy-bouncy.



To: Robert Cohen who wrote (15777)11/8/1999 2:19:00 PM
From: P. Ramamoorthy  Respond to of 27311
 
There was some selling pressure until the price went just below 5 1/4. The price is recovering. Ram



To: Robert Cohen who wrote (15777)11/8/1999 5:19:00 PM
From: J. M. Burr  Respond to of 27311
 
I agree with your supposition that the CC won't be anything to shout about. The trading pattern seems to indicate as much. It looks like there will soon be another buying opportunity around 4 1/2 unless the usual no news is bad news -- then, watch out.