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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Bruce A. Thompson who wrote (6106)12/19/1998 9:39:00 AM
From: Zeev Hed  Read Replies (1) of 27311
 
Bruce, I am assuming that the rest of the terms (material order) which is the condition for the "floorlessness" (another new word into the English language from this English challenged turnip farmer <VBG>) are in as well, and if VLNC cannot produce such a material order by the end of July, the stock is a cooked goose with or without the floorless. I'll try and locate a new S-3 for this new issue to see if some more details are available.

Zeev
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