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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: kolo55 who wrote (16193)11/19/1999 4:30:00 PM
From: Pallisard  Read Replies (2) of 27311
 
Paul, I miss your conversion chart on CC. Do you think they're just going to hold onto their last dregs? In a few days the conversion price will be above 6.03. At that point I'd have to assume they have some other scheme in mind, perhaps using their warrants in combination. Or perhaps they've simply abandoned the hedging for now and are just going to sit tight in a long position and await circumstances. What do you think?
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