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

To: Robert Cohen who wrote (17045)	12/15/1999 5:00:00 PM
From: mooter775	Respond to of 27311

Suspect is J. Cramer of The Street.com. Also suspect he is the author of the email to institutional investors over the weekend suggesting to short the stock. It will take either a favorable financing or additional purchase orders (or perhaps both) to raise Valence's price substantially, ie to the mid-20s. My hunch is that these will be forthcoming by mid-January, which leaves the short sellers 2-4 weeks to cover at these levels. Think there is pretty good buying interest in the $ 15 - $ 16 range, so every day that passes and the stock continues to consolidate at these levels is a day closer to a short squeeze. Long and comfortable.