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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tiki Hawkins who wrote (5977)12/14/1998 3:45:00 PM
From: mooter775  Read Replies (1) of 27311
 
You may well be right. But perhaps the real reason is that the business is going well, Castle Creek had no leverage in staying the course, since it would forfeit the opportunity to participate in a follow-on tranche, and the 1/27 date was a modest negative in negotiations with OEMs.
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