VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Stephen W. Leahy who wrote (4290)	9/29/1998 1:57:00 PM
From: Stephen W. Leahy	Read Replies (2) of 27311

More on Shugart I checked the Insider Buying by Shugart on InsiderTrader.com. It shows NO other open market buys by Shugart in VLNC, SEG, or SNDK (his other directorship) in the last few years. It does show he bought about 1 million SNDK in 11/95, but it looks to me like it was on the IPO. My point is that, unlike Dawson and Berg, Shugart is not in the habit of buying stock on the open market. His purchase of 100,000 VLNC now is very significant.

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