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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Larry Brubaker who wrote (7384)1/23/1999 1:31:00 PM
From: Jacques Tenzel  Read Replies (2) of 27311
 
From StockSmart I obtain the following information:
Archiabald disposed of 4,353 shares on 12/2/98 at $10.31. This was the same number of shares that he acquired on that date from options at $8.88. He also sold 15,143 shares on 11/9/98, for $8.25 the same day he acquired the same number of options. However the number of shares he holds has been increasing during this period of time. He now is reported to hold 106,436 shares which is significantly up from the last number that I saw which was 35,000.

Jacques
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