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


To: kolo55 who wrote (14673)9/20/1999 11:26:00 AM
From: rich evans  Respond to of 27311
 
If CC was negotiating with VLNC it could be because CC breached the Agreement. If so one settlement could be that CC would not be allowed to convert all of its B shares at the lower price but only the amount it did and also they could have modified the shorting terms. It seems an explanation for the partial conversion which according to your figures is/has been against CCs interest.JMHO

Rich