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

To: Bruce A. Thompson who wrote (6695)	1/4/1999 9:26:00 AM
From: FMK	Read Replies (2) \| Respond to of 27311

Bruce, I see the link you posted shows short interest around 1mln shares, about the same as last month. As you may be aware, higher short interest will accelerate an upward move on positive news, so many view that as positive because many shorts haven't covered yet. There were also many posts about the company running out of money after the improved financing. I suggest to anyone legitimately worried about this to call the company. They may verify for you that they have $10 to $20 million in cash. Much easier and direct that using old financial data. Looks like a very good year for Valence!