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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tmoore who wrote (4226)9/16/1998 11:37:00 PM
From: FMK   of 27311
 
Thanks Todd, I was told many brokers had no notice of the insider buying thru Bloomberg, and that many were made aware by other means. There could be continued effects as the news gets more widely disseminated. In recent months stock price has been beaten down while the company has made solid progress. IMO were are overdue for a return to the 6's and 7's in anticipation of news.

I too, was told of Motorola's Iridium and find it highly likely that their Li-polymer will be supplied by Valence, but that is only one of several applications we may hear about. I remain convinced that we are well past the point of whether the company will succeed.

Am looking forward to good day!

Regards, FMK
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