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

To: P. Ramamoorthy who wrote (7105)	1/15/1999 9:37:00 AM
From: J. M. Burr	Read Replies (1) \| Respond to of 27311

You should add yesterday to your conclusion that Monday and Friday were "strange trading days". Yesterday, when trades reached 137,000 (this is from memory) and the bid reached eight I decided to try and sell off some of my holding. Before that could be accomplished a trade of approximately 5,000 shares dropped the stock to 7 1/2. This pissed me off and I called a friend pointing out that the MMs were at it again, and we both bought, betting that the stock would trade slowly upward all afternoon before closing at 8. Bang, for once, right on. I held but didn't sell. I too received the report, and have followed closely the past thirty submissions. Hell, your optimism is contagious and it is possible the MMs and you all have once again done me a favor.