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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Paul Dubsky who wrote (1547)12/5/1997 8:14:00 AM
From: mooter775  Read Replies (1) of 27311
 
Still maintain that posts # 1537 (diablo) and #1539 (wm sharp) are right on, and I know that my information posted regarding line 2 is correct, since it came from one in senior management and in a position to know.

Also, Board was aware of CR's intention to sell and in fact approved the sale (although I think reluctantly and with obvious regret and perhaps recrimination in hindsight). What does that tell us about their confidence that something bad isn't going to happen, assuming they have any degree of fiduciary responsibility?
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