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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: I. N. Vester who wrote (15837)11/10/1999 1:58:00 AM
From: Larry Brubaker  Read Replies (1) of 27311
 
<<Larry, the facts don't support your hypothesis.>>

Maybe your perception of the situation does not fit my hypothesis, but you are just guessing about the facts, as I am. However, there is one fact that is very clear. Castle Creek had the opportunity to convert at $4.61 and did not. My perception is that Castle Creek is not stupid, therefore they must think they will get a better price.

<<No Larry, the game is almost over. All we need is
to hear the fat man singing. He will soon, because
his net worth will exceed $1B by a very large amount.>>

I assume you are talking about Berg here. All that money and he couldn't cough up a measily $25 million to finance VLNC at $7, and left VLNC to scrape to sell a few million each month in the $4s.

<<Thanks for playing Larry. Too bad you were not a
winner <VBG>.>>

Yeah, I guess I'm a big loser for selling my shares a year ago this week at a price more than 50% higher than where we sit right now.
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