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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Pallisard who wrote (4765)11/9/1998 6:42:00 PM
From: I. N. Vester  Read Replies (2) of 27311
 
Bert Roberts gets an option to buy 100k shares at
today's closing price. This is the standard
deal for directors (per the vlnc annual report).

I reckon Bert's a busy guy but apparently he
believes it worth his while to serve on VLNC's BoD.
Don't know how many hours/year that requires, but
I expect Bert's hourly rate is a bit higher than
my own, and i guess he's expecting to get paid
for his time!

There can't be any 'hidden' deal with MCI. They
would not be able to execute part of a deal without
announcing the whole thing.

I think this definitely confirms that some kind of
contract for VLNC's batteries will happen in the near
future.

I don't expect it to be announced at the CC, but
Comdex next week is still a possibility, imo.
Even if not, at this point i can wait!
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