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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (4971)11/13/1998 10:36:00 AM
From: Dennis V.   of 27311
 
John, you have touched on "the" issue, the variable conversion.
Of course, even though this has been discussed in adfinitum, the reality is that this will be raised again and again unless some event
such as COMDEX puts it to rest. If the debate is to continue, it would
be best undertaken by the most qualified, not newbies such as me.
Various folks have demonstrated, by reason of their analytical skills
and objectivity to be in position to refine our understanding.
I would suggest that the areas to explore
would be Paul's take on the S-8 and LWS's observations offered in his
latest post. For example, as a recovering curmudgeon, I can relate to
the short shrift that, according to Paul, Lev gave to a questioner. Paul's interpretation would seem to minimize the looming problem based on a reading of Lev's handling of the matter. On the other
hand, LWS and others gave accounts which seem to imply something else. Different references were used and may somehow account for the difference. Nevertheless, the different interpretations are out there. Is this where we stay or, time permitting, could this gap be narrowed on reflection? Any constructive comments by you or others would be appreciated.
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