Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Larry Brubaker who wrote (9811)	3/25/1999 4:19:00 PM
From: dstand	Read Replies (2) \| Respond to of 27311

Larry, I'm with you there under the wet blanket. In fact, I think the 20% increase was just a mistake. Someone mistook the symbol and thought they were buying another stock. Probably a good time to short because when the buyer finds out there will be a big sell-off. If there was going to be some good news surely the SEC filings would have mentioned it. Do you ever see anything in a positive light?

To: Larry Brubaker who wrote (9811)	3/25/1999 4:43:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 27311

Larry, a plausible assumption, but most of the volume occurred above $7.5, so castle creek could only cover some 100,000 hares or less, unless, of course they have been covering since it was around 6.75 earlier this week. If that is the case, then we have pretty well seen the highs, and to continue your scenario, they would now short 30,000 shares per day as long as it is above $7.75 or so? By thew way, I realize the filings states that "they are not ready yet", but I do not think there is any penalty for reporting less than what they have achieved (not ready may mean a screw is missing, or not tested by the target OEM may means not received a full report back, who knows), so, if the volume continues and $8 is taken out with a vengeance, maybe that PO might be coming down the pike. Zeev