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

To: I. N. Vester who wrote (15958)	11/11/1999 3:02:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 27311

I.N. It will not be the first time I miss "my chance", so I am not worried. As fopr the short, I do not think you want to see them dissapear, they do not provide supply of stock, they provide eventual demand. If our thesis on this thread (that CC was close to fully hedged), is correct, then the next report should show a drastic decline in that short position. I do not think that any short covering occurring today will be in that report however, I think they rport to the 10th of the month. Zeev