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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Wolfgangus who wrote (3129)6/14/1998 3:22:00 PM
From: FMK  Read Replies (1) of 27311
 
Wolfgangus - Thanks for the history. I believe your timing is excellent for getting back in. As you know, Lev has re-acquired about 1 million shares at 5 1/16 a couple months back which remains a strong vote of confidence followed by GM's endorsement and their finding it suitable for their year 2000 Electric Vehicles as well as starting/lights/ignition batteries that are presently lead-acid as most cars now have under the hood.

I was pleased to acquire more just under 4.75 on Friday. It's tough to hit the low and I congratulate those that did better. I believe Don Wolanchuk is correct that this is the last great buying opportunity before significant news. I also find it notable that he appears even more positive since witnessing the manufacturing operation.

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