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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: mooter775 who wrote (13269)7/22/1999 3:03:00 AM
From: Rich Wolf  Read Replies (1) of 27311
 
Mooter,

I agree. And once we pass the 'magical' July 27 date, and days and days and days go by without a conversion taking place, people will realize that Castle Creek IS really in it for the long haul.

My WAG: we then see another financing at a fixed rate from the same institution as last month ... who may also be providing the floor to the shareprice right now as they add to their position on the open market. This ought to give confidence to the marketplace, and rightly so.

We also are due for updates on the status of Hanil before the next conference call (mid-August?), and shipments to Hanil, Alliant, and possibly others.

Expecting to hear soon who the winner of the Energizer Power Systems (EPS) auction is, since their most marketable product will arguably be the Valence battery.

Long and bullish.
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