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

To: Paul Dubsky who wrote (1467)	11/30/1997 3:20:00 PM
From: Paul Dubsky	Respond to of 27311

A comment about Friday's trading activity..... What the hell happened? Like soomeone said earlier, all of the volume occured during the last hour of trading, and it tanked. Did the MMs catch someone off guard and drop the bid when everyone was sleeping? I was looking at the chart, per minute, and it was pretty unbelievable. WIth a drop like that, you'd suspect that news was going to be out. But, nothing, so far. So, what was it? It will be very interesting to see where we open on Monday. Down? Up? Was it a fluke? Maybe I should take out my limit order at $6.5 and wait to see if it goes down farther? Probably the wise thing to do, but, it could be an opportunity to pick up some cheap. The first 1/2 hour should set the stage for the rest of the day, IMO.