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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Larry Brubaker who wrote (2084)2/10/1998 2:11:00 AM
From: Tickertype  Read Replies (2) of 27311
 
Larry, I was going to make one more point re your theory about CR's selling, but my post didn't show up (must have forgot to hit the "publish" button). Anyway, if CR sold $1.8M he would have paid at least 20% capital gains tax which would leave $1.44M. Using $800K to pick up the options would leave him with $640K, which may be just enough to pay for the place he's reportedly building in southern Ca.

P.S. All this speculation must be very entertaining reading for him if he tunes in to this thread, or what? :-)

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