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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: add who wrote (14254)10/14/1999 5:15:00 PM
From: MGV  Read Replies (1) of 27311
 
You are right add, the interests of pallisard should not supercede. Back to VLNC issues:

"So far, we have gotten $9M for 1.67M shares or about $5.4 per share. So if we get the remaining $16M at a price of over $8.4, the shareholders will have come out ahead.

Your conclusion is premature."

Still think so? The stock price is at 4 and change today.

Lets go klemencic, calculate the new conversion price and don't forget to forecast what it will be in six days at the current share price. Wonder if CC will convert tomorrow? : )
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