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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: P. Ramamoorthy who wrote (8289)2/13/1999 4:56:00 PM
From: hcirteg  Read Replies (3) of 27311
 
Ram-

I do not think we see a secondary offering until after the stock rises significantly from here and on NEWS. Lev knows that if we have a firm commitment to build and sell, adding stock "makes sense" and the stock price should be firm.

What's your guess for next week...remeber only 4 days. I see us closing next Friday at or near 8.50. I agree with an earlier poster that the sideline $$$ has been given the all clear to get back in if you want to take part in the initial rocket launch.

HC
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