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

To: eli74 who wrote (16358)	11/23/1999 12:37:00 PM
From: mooter775	Read Replies (1) \| Respond to of 27311

Wexler's last post was interesting. He talked about his more successful bullish calls on stocks. Presumably to reestablish his flagging credibility. Then he added his mantra "Valence is a fraud, yada, yada, yada...". If Bill Wexler is to be believed, than he did short the stock (at least 25,000 if memory serves me, perhaps 50,000) at $ 7.50 or so. So as of today, at least, he is the loser, despite calling Valence "Sucker!!" for months.... My opinion is that we will have at least one and probably 2 additional contracts announced by year end. And this will prove to be disastrous for those short the stock.... So I am delighted that Bill 'says' to short the stock, since he is probably stuck in a losing position in it as a short. Couldn't happen to a nicer guy (well, I can think of at least one poster whom it would be nice to happen to...).