VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: J. M. Burr who wrote (20297)	6/28/2000 3:12:00 PM
From: Robert Cohen	Read Replies (1) of 27311

While I couldn't agree with you more regarding the paucity of information from management as well as selective release of information regarding production and yield numbers at the recent meeting, I do not believe that legal action would be warranted or even effective. I too would like to hear "public" news of line status, numbers of cell/unit time, yields, UL approval, environmental friendliness of the product, specifications of the latest GEN battery etc. It seems however that management is convinced that CC and news of contracts is all that is needed to comfort shareholders and enhance SH value. As for me, despite my displeasure with management's style, am prepared to stay the course and would not participate in any shareholder legal action. Perhaps a letter to Lev or a candid and lengthy discussion at the next SHM would be more fruitful. Robert

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