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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: jean1057 who wrote (9353)	3/14/1999 11:08:00 PM
From: FMK	Read Replies (3) of 27311

I just heard from a broker that Valence batteries were mentioned by the Civil Aeronautics Board, (this was passed from memory), for use in the Mars program. He was not sure of the agency but was told an agency with at least a similar sounding name had documentation to be found on the internet. Perhaps it will show up. I don't question the accuracy of this information in the first place so I don't feel compelled to search for proof. Perhaps an appropriate strategy for the longs in view of the exercised options is to add to positions early in the week and hold. This should make anyone scrambling to acquire shares for delivery of the 80,000 shares or so to pay a higher price. It may even worry some shorts and trigger a short squeeze. I hope no-one succumbs to the tactics of the new posters. After all, there have been several ongoing programs with OEM's and any one of them could be ready for a first large shipment and a PO will be announced! I will be looking forward to a strong week for Valence.

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