VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: kolo55 who wrote (15352)	10/22/1999 4:48:00 PM
From: kolo55	Read Replies (3) of 27311

Updated conversion information for Series B: The conversion price remained unchanged today at 4.66 This is still above the lowest conversion price reached during the period September 1st through September 9th of 4.42 Here are the last ten closing bids and conversion prices: Date: Closing Bid: Conversion Price: 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 19-Oct 4.6875 4.8133 20-Oct 4.5625 4.7291 21-Oct 4.5000 4.6607 22-Oct 5.1875 4.6607 The first day in a string of six lowest closing bids (they happen to be on consecutive days), is October 14 at 4 5/8. If the current price remains unchanged, then this price will become stale next Wednesday, and drop out one minute before noon next Thursday. Paul

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