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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: hcirteg who wrote (15044)10/5/1999 10:50:00 AM
From: kolo55  Read Replies (4) of 27311
 
CC is getting hit a lot on the ask today.

They and their cohorts are surrendering a lot of shares. They have sold over 23,000 already, and now CC is showing only 1000 shares on the ask.

Today won't count toward lowering the conversion price, if the current prices hold up. CC must get the price down below 5 to count, and right now they are having a hard time holding the price at 5 3/16.

Paul
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