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

To: I. N. Vester who wrote (2063)	2/8/1998 11:48:00 AM
From: Larry Brubaker	Respond to of 27311

IN: Of course Cal Reed, et. al.'s selling has not accounted for the only volume between January 2 and now. But think about it. Without this selling, the volume would have been about 800,000 shares (prior to NASDAQ double-counting). Now add another 50% above that volume entirely comprised of sells(assuming that Cal, et. al. have pretty much completed their selling). Without the additional selling pressure, the stock would probably be at $6 to $7 right now.