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

To: Razorbak who wrote (11478)	5/27/1999 2:26:00 AM
From: Rich Wolf	Respond to of 27311

Razor, not saying YOU are short ... just pointing out that it really doesn't matter as SOME have implied, whether the 'big PO' comes before July 27 or not. That is all. Your post happened to indirectly raise the issue of that date. I was pointing out it's fundamental irrelevance, in truth, to longs who know Castle Creek benefits more by NOT shorting ... so there's no reason for anyone to think they need to plan an 'exit' strategy if there's no PO by the end of June, for instance. Best to stay long, for maximum benefit. You simply provided a convenient opportunity to make that point, before the shorts raised the 'straw man' !! Bon chance! (Good luck!) to all longs ...