VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (4218)	9/16/1998 1:36:00 PM
From: kolo55	Read Replies (1) of 27311

Of course its good news. Its now apparent that knowledgeable buyers/insiders (Castle Creek and Berg) put money in the company when the stock was at 5 in July, and then company insiders bought heavily below 4 in late August during the margin forced selling. Even the bad news of Archibald (CFO) leaving is offset by the fact that he bought 20,000 shares the day before he resigned. Finally the former CEO and CTO still are holding over 400,000 shares even though they left the company over nine months ago. I have never seen so much insider buying and former insider holds of a small cap stock, compared with a company that had a market cap of less than $100M. Paul

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