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


To: MHS who wrote (18496)3/2/2000 2:02:00 AM
From: Pallisard  Read Replies (1) | Respond to of 27311
 
To all: I somehow can't reconcile Wexler's candid admission regarding Valence to his previous personality profile. He never had truthfully revealed his position or his intentions in the past. Perhaps I'm paranoid, but this recent declaration is just too incredible. I would assume he and his cohorts had already covered before announcing it. Wouldn't many longs now feel that this reduction in short interest would be somewhat negative to the price causing a temporary short opportunity in the mid 30's for a short term profit?

I just find it hard to believe they aren't conniving to cook up some new scheme. Of course, another substantial PO would take care of that, wouldn't it?