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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: mooter775 who wrote (1465)12/1/1997 9:17:00 AM
From: Jeff S.  Read Replies (1) of 27311
 
Mooter:

>>My understanding of the current situation is as follows:

(1) Company has received many calls from irate investors regarding CR's 144 sales, which I am led to believe were concluded early last week.
Company maintains these were entirely for personal reasons and fulfilled earlier commitments to create a modest amount of liquidity once the lawsuit was settled. I am led to believe the 50 k shares represented all that will be sold for some time.>>

This is the first indication I have read that CR has actually sold the stock that form 144 was filed for. So to clear up any mis-understanding I may have, did CR actually sell the 50K shares that form 144 was filed for.

Thank you.

Jeff
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