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

To: MoMoney who wrote (24827)	8/27/2001 3:58:48 PM
From: John Curtis	Read Replies (1) \| Respond to of 27311

LOL! That's funny! Heh! Anyway, what little action there is today shows, via L2, REDI applying most of the downward pressure, with periodic limit buys of some significance occurring via the faceless ECN portal INCA. This could amount to some, small, short covering. It'll be interesting to see the next short report. Also, interestingly enough, CIBC's been on the sell side, too. Not often, but when they're there it's been for a few thousand at a pop (4k limit sell at $4.15 currently). Bottom line? Volume is itty bitty, thus attenuating whatever pressure VLNC is under. This will probably be the pattern for the next year or so...... John~