VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: kolo55 who wrote (15459)	10/27/1999 5:47:00 PM
From: kolo55	Read Replies (2) of 27311

Updated conversion information for Series B. Do to the onslaught of selling today, the conversion price drops from 4.66 to 4.62 per share. Here are the last ten closing bids and conversion prices: Date: Closing Bid: Conversion Price: 14-Oct 4.6250 4.9238 15-Oct 4.6250 4.9238 18-Oct 4.6875 4.8606 19-Oct 4.6875 4.7291 20-Oct 4.5625 4.7291 21-Oct 4.5000 4.6607 22-Oct 5.1875 4.6607 25-Oct 4.8438 4.6607 26-Oct 4.7500 4.6607 27-Oct 4.4375 4.6186 Note that one of the lowest six closing bids, the 4 5/8 bid on Oct 14 became stale today, and drops out of the conversion pricing tomorrow at noon. Paul

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