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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: MGV who wrote (14271)9/3/1999 11:59:00 PM
From: Greg McDaniel  Respond to of 27311
 
Over the past week or so money flow as measured by Telescan's Chakin money flow indicator has turned up and today the indicator did not turn down. Usually, this is a leading indicator to higher stock prices. It started turning up before the price fell to the recent low.



To: MGV who wrote (14271)9/4/1999 7:58:00 PM
From: kolo55  Read Replies (2) | Respond to of 27311
 
Updated conversion price information

Date Closing Bid Conv Price & Number of shares(Est.)

23-Aug 4.8750 5.1026 1,535,980
24-Aug 4.7500 4.9974 1,568,317
25-Aug 4.5625 4.8711 1,608,964
26-Aug 4.5000 4.7607 1,646,299
27-Aug 4.3125 4.6344 1,691,148
30-Aug 4.3438 4.5450 1,724,422
31-Aug 4.3125 4.4714 1,752,825
1-Sep 4.2500 4.4240 1,771,583
2-Sep 4.5625 4.4240 1,771,583
3-Sep 4.6875 4.4240 1,771,583

The conversion price will remain unchanged for the next three trading
days (Tuesday, Wednesday, and Thursday), if the closing bid is not
lower than 4 9/16.

Then by Friday's close the selling coalition must get the closing bid
down to the following prices each day to prevent the conversion price
from increasing:

Friday 10-Sep 4.31250
Monday 13-Sep 4.34375
Tuesday 14-Sep 4.31250
Wednesday 15-Sep 4.25000

Note: The conversion price expires one minute before noon ET, on the
following trading day.

Paul