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

To: hcirteg who wrote (5615)	11/26/1998 9:39:00 AM
From: John Curtis	Read Replies (2) \| Respond to of 27311

HC: I haven't followed the "action" this week but maintaining an extremely tight spread is certainly one way for MM's to attempt to hang onto the control aspect of things. But tight spreads on a run-up also usually means they're scrambling a little. You'll know the run is done when you see that spread open up...widening it always seems to have the effect of "blunting" momentum...... The question is....just WHERE/WHEN will they choose to widen, eh? John~