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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Larry Brubaker who wrote (9864)3/26/1999 11:03:00 AM
From: Zeev Hed  Read Replies (2) of 27311
 
Larry, apart of self delusion, I do not think that those that brought the info about turning down the offer knowingly were trying to mislead us. Actually, it fits very well the current character (all or nothing) of the operation that such an event indeed occurred. Whatever the facts, I believe that such smaller initial orders would have been better than a $50 MM order Fred just mentioned as a potential initial PO. One can easily choke on such a large order.

Zeev
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