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

To: Larry Brubaker who wrote (2453)	3/19/1998 11:49:00 PM
From: Tickertype	Read Replies (2) \| Respond to of 27311

I tend to agree with some of today's comments that while TA is an interesting art and a useful tool for some, this stock will move up or down based mainly on what we hear from the company in the next 10 days. It seems to me that someone has been making sure it hasn't dropped below $5 for the past several weeks, and the buy-side interest hasn't been significant enough to move it the other way either. I'd like to hear opinions on just who's been making sure it stays above the $5 level. Is it the mm scooping up enough shares, when necessary, to keep it from dropping? Thanks, - T -