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

To: kolo55 who wrote (14717)	9/21/1999 6:36:00 PM
From: MGV	Respond to of 27311

"You mentioned conversion price..." Yes, I did. "The selling today was at a price lower than the current conversion price." Exactly. Are you figuring it out now?

To: kolo55 who wrote (14717)	9/21/1999 6:46:00 PM
From: MGV	Read Replies (1) \| Respond to of 27311

"Note the steady increase in the conversion price, and the corresponding decrease in the shares received upon conversion." Its a good thing CC didn't have the floorless activated last November, they might have converted when the price was 11! Have you tried coke bottle lens? ; )

To: kolo55 who wrote (14717)	9/21/1999 9:06:00 PM
From: Larry Brubaker	Respond to of 27311

Paul, when the price was rising, you used to include in your conversion price analysis how the conversion price would continue to increase if the price did not go down. Now that the price is falling, I note that you did not include a comment that the conversion price will begin declining once again if the price does not go up. Myself, I'd guess the price is falling because we are nearing the end of the month. Time to sell more shares to Daddy Warbucks, and Daddy seems to be pretty adept at getting those shares at a low price.