VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Mark Johnson who wrote (5994)	12/14/1998 10:12:00 PM
From: FMK	of 27311

Hi Mark, good post! As you know, we do have a few individuals to thank for warning us of the dangers in fine print on financial documents. It was appropriately as helpful as warning us that we may lose our homes to the bank if we don't make our mortgage payments. It may, in fact, have been enough to worry some shareholders enough to sell in the 4's, 5's and 6's while some others were covering their short positions. I remember estimating the number of foreclosures at about 2% as compared to about 5% for companies failing after using "floorless convertible" financing. Now that the floor is firmly in place, I hope we can move on to other issues. All I can say is if the naysayers continue to dwell on the subject, they have found nothing else of consequence for us to worry about. If we get an order from Compaq, the naysayers will complain that it wasn't from IBM. If an order comes from IBM, then what? exchange2000.com I continue to believe it is wise to accumulate as much as possible while the price remains in single digits!

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