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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: I. N. Vester who wrote (7958)2/6/1999 12:26:00 AM
From: Tickertype  Read Replies (2) of 27311
 
I.N., I've been looking at one of your comments all day, trying to figure out if it will give us a clue as to how much longer we'll have to wait for commercial shipments to begin. Here's the comment:

<Lev said that they hoped to be able to hold off on more
financing until PO(s) were a done deal, then do an offering
at a significantly higher price.>

Would it be correct to assume that Lev was saying he wants to be able to do this offering before the july date with Castle Creek comes due? If so, the contracts would have to be concluded by the time this quarter is over, I would think? Did you get any impression at all that he thinks we're that close now, even if he didn't say it in so many words?

Thanks for all your posts, it's been great reading for several of us shareholders in my neck of the woods.

To Sig: Unfortunately, Mark Leibovit did not mention VLNC at all this
time.

- T -
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