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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Dennis V. who wrote (4860)11/11/1998 5:13:00 PM
From: Prasanna L Soni  Read Replies (2) of 27311
 
Good Evening Folks,

Every thing sounds good. I listened in on the Conf Call.

The One part that I could not understand was where Lev was asked about the conversion price of the preferred stock and its relationship to the milestone of a contract, and Lev responded that there was none.He said the conversion will depend on the price of the stock.
Could somebody please clarify. Fred you seem awefull quite after the call.Any comments ?? :-)
Thankyou all

Prasanna
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