VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Rick Kraus who wrote (15261)	10/15/1999 6:52:00 PM
From: kolo55	Read Replies (1) of 27311

Updated conversion information. The conversion price ended unchanged today again, as an expiring closing bid of 4 5/8 was replaced with another closing bid of 4 5/8. As a result there will were no additional shares earned today by CC. The current conversion price is $4.92, while the lowest conversion price since the last conversion was $4.82. And of course the last conversion was at $4.47. CC hasn't improved the conversion price, after another month of selling. Here are the last ten closing bids: Date: Closing Bid: Conversion Price: 4-Oct 5.0625 4.8291 5-Oct 4.9688 4.8238 6-Oct 5.0625 4.8238 7-Oct 5.2188 4.8238 8-Oct 5.2188 4.8238 11-Oct 5.3125 4.8343 12-Oct 5.1875 4.8764 13-Oct 4.9063 4.9238 14-Oct 4.6250 4.9238 15-Oct 4.6250 4.9238 I spent yesterday in Las Vegas, visiting company management at a company I am investing in. I had a good trip, but it took all day. I would like to thank one of the posters on this thread for setting up the trip... he is indeed a fine example of a gentleman. Due to cooperation of people like him, my investment returns have improved substantially since I began using SI as an investment tool. Paul

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