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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Rich Wolf who wrote (9160)3/12/1999 3:08:00 PM
From: Zeev Hed  Read Replies (1) of 27311
 
Rich, I was under the impression that the "drop dead" date was March 31, since after that, they have to go back and get more burning fuel to support the current hefty burn rate. That is why I expected some buying pressure in anticipation of their meeting this date. I think that missing this date may be construed negatively by the market.

Zeev
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