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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Tiki Hawkins who wrote (5967)12/14/1998 4:49:00 PM
From: DStandish  Read Replies (1) of 27311
 
Another possible scenario as to why CC changed its agreement: What if Lev had another financier in place to take over and gave CC a chance to stay on line by meeting or beating the new deal? I don't know whether that could have been done but if it could it may explain the change and would not necessarily mean there won't be a contract announcement soon. As another poster said the death of the death spiral potential may make an OEM more comfortable making a long term commitment to Valence.

David
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