VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: kolo55 who wrote (15414)	10/24/1999 8:08:00 PM
From: Larry Brubaker	Read Replies (1) of 27311

<<Your theories are collapsing, and will suffer another blow when CC converts the remaining floorless... Are you willing to say that they won't convert in the next two weeks?>> Paul, the difference between you and I is that I have no vested interest in whether my theory collapses or not. I am constantly re-evaluating my appraisal of VLNC as a potential investment. Almost 1 year ago, I sold at $7.75 when I did not like what I heard during the November conference call. At the time, we were maybe a month or so beyond the "on the cusp" PR, and the November conference call convinced me the real cusp was some time away (which you guys could not accept). If the death spiral/leaky floorless scenario collapses, I will have no problem acknowledging it. I might even buy some shares if and when this happens. If I'm lucky, I might even get them below the $7.75 price that I sold for close to a year ago. So no, Paul, I make no predictions as to whether Castle Creek will convert shares or not in the next 2 weeks. For the sake of the long-suffering investors in this company, I hope they do.

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