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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Jeff S. who wrote (1938)1/16/1998 11:17:00 AM
From: DKR  Read Replies (1) of 27311
 
I agree the language is ambiguous but it is precisely the same language that was used when Cal announced the first sale:"...Cal Reed, reported on 11/17/97 the proposed sale of 50,000 shares on 11/14/97 for $393,750 through Morgan Stanley and Co., Inc."

I have attempted to contact the woman responsible for form 144's at States News Service, she has not yet returned my call. I am surprised that a clarification of Cal's status (former CEO) has not yet been reported.
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