VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (9432)	3/15/1999 10:27:00 PM
From: Larry Brubaker	Read Replies (1) of 27311

Very Minor Changes in the Amended S-3A. Zeev, your theory about lawyers booking billable hours looks true to me. I just read today's amended S-3 side by side with the previous version. Essentially, nothing has changed. I did not see any statement that they are now shipping samples, as claimed by add. I did see the old statement about "we have not shipped any commercial samples to any customers." The only changes I could find was a change in the date, a change in the current market price of the stock, a reorganization of the sections on the status of safety testing (without changing a word of the text), and an elaboration of the discussion of the three lawsuits VLNC is currently involved in (but the elaboration did not provide any new information). Therefore, from my reading, today's filing was a complete non-event.

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