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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: pcstel who wrote (24727)8/19/2001 2:54:51 AM
From: P. Ramamoorthy  Read Replies (1) of 27311
 
A few more questions:
(1) Telcordia IP purchase was valued at $45Million (3million shares at the current market price of about $15)
The shares were supposed to be locked up. Have they been selling? Was the IP worth $45Million? What are the licensing potential and the expected rate of return on investment?
(2) Update on Castle Creek share conversion?

Ram
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