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

To: kolo55 who wrote (14550)	9/13/1999 6:49:00 PM
From: Dennis V.	Read Replies (1) \| Respond to of 27311

You've covered the bases, Paul. There's more than one way to hedge. Looks like the "spiral" shenanigans are about to fade. Guess we won't see the low 3's after all. I know, MGV, "don't be too sure". Right. (BG)

To: kolo55 who wrote (14550)	9/13/1999 10:06:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 27311

<<It simply isn't logical to infer that CC would pass on the conversion, in favor of another death spiral attack.>> Paul, on the other hand, if they have not already begun to convert, in the face of a rising conversion price, it seems to be a pretty clear signal they expect an even better price than the one they could have had.