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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: hcirteg who wrote (15295)10/18/1999 5:15:00 PM
From: kolo55  Read Replies (1) of 27311
 
Latest conversion information.

The conversion price declined to $4.86 today from $4.92...
The conversion price is still above the $4.82 hit last week,
but will decline to $4.82 tomorrow, if the the closing bid is 4 3/4.

The conversion price is still well above the $4.47 at the last CC conversion.
CC still has gained nothing from the last month of selling.

Here are the latest 10 closing bids and conversion prices:

Date: Closing Bid: Conversion Price:
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
18-Oct 4.6875 4.8606

Looking at the trend in the conversion price, it doesn't look like the selling coalition
has gained much, if anything, lately.

Paul
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