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

To: John Curtis who wrote (19473)5/1/2000 8:34:00 AM
From: LiPolymer  Respond to of 27311
 
Although some are probably hedged, I like the fact that the remaining shorters all have their eye on the same exit door, just watching and waiting to see who flinches first. <VBG>



To: John Curtis who wrote (19473)5/1/2000 9:00:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 27311
 
John, well, it will be interesting, a major PR piece from VLNC could sure alleviate the pressure, but if later in the week, the NAZ rejoin the dow in its current weakness, the market direction will probably help the shorts. My point was that the shorts right now are not in a position where a short squeeze typically develop, at least, not yet.

Zeev


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