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


To: Mark Johnson who wrote (3606)8/10/1998 12:28:00 AM
From: FMK  Respond to of 27311
 
Hi Mark, I learned of at least 50k shares of margin selling of Valence last week due to portfolios also containing GMGC which had been trading in the $14 range and closed a week ago Friday at $8. It dropped midweek to $6 and closed at $8 3/16 last Friday. One large brokerage house had several clients in these same stocks.

I own both myself and am therefore aware of the combined effect. I don't expect similar margin selling next week and am looking forward to a return to the 5's or 6's by next Friday for Valence.

Best Regards, FMK



To: Mark Johnson who wrote (3606)8/10/1998 10:34:00 AM
From: MGV  Read Replies (1) | Respond to of 27311
 
Johnson, your deductive reasoning suggests you would make an excellent rocket scientist or extraordinary detective in Lilliput.



To: Mark Johnson who wrote (3606)1/5/2006 5:04:55 PM
From: da_cheif™  Respond to of 27311
 
Well Johnson....wat else would you expect from this dimwit....hehehe