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


To: kolo55 who wrote (15045)10/5/1999 11:01:00 AM
From: Larry Brubaker  Read Replies (1) | Respond to of 27311
 
Yeah, Paul, they are getting hit so hard on the ask that they just lowered it to $5 1/8.

I don't know how Castle Creek is surviving this onslaught <VBG>.



To: kolo55 who wrote (15045)10/5/1999 11:02:00 AM
From: MGV  Respond to of 27311
 
VLNC is having a harder time getting a material OEM order than CC allegedly is trading in the small minds of the arm chair trading pundits.

OEM orders and not CC trading hypotheses is what the smart money cares about. The rest is for tired, petty, forgotten, (forced?) early retirees from smokestack industries. Not mentioning names here. ; )

OT I see there was nary a whimper in submitting to the truth that the opposite of the ECM trade would have been the better trade by a substantial margin.



To: kolo55 who wrote (15045)10/5/1999 4:56:00 PM
From: MGV  Read Replies (1) | Respond to of 27311
 
Yahoo Post on Continuing Drop in Conversion Price to sub-$5 levels.

Conversion Price $4.824, DOWN from Mondays $4.829

The closing bid prices for the last ten trading days are as follows.

Date Closing Bid
22-Sep 5.0625
23-Sep 5.0625
24-Sep 5.0000
27-Sep 5.0000
28-Sep 4.8125
29-Sep 4.6250
30-Sep 4.6250
01-Oct 4.6250
04-Oct 5.03125
05-Oct 4.96875

The six lowest closing bid prices for the last ten trading days are as follows.

27-Sep 5.0000
28-Sep 4.8125
29-Sep 4.6250
30-Sep 4.6250
01-Oct 4.6250
05-Oct 4.96875

The conversion price is 101% of the average of the six lowest closing bid prices of the last ten or $4.824. DOWN from Mondays $4.829!
If the closing bid Wednesday is less than $5.00 the conversion price will drop AGAIN!!!



To: kolo55 who wrote (15045)10/5/1999 5:01:00 PM
From: MGV  Respond to of 27311
 
Today won't count toward lowering the conversion price .....

Wrong.

How do you suppose you manage to maintain such a consistently poor predictive record?

.... if the current prices hold up.

Maybe its wishful thinking.
Maybe its emotional stress.
Maybe its denial.
Maybe its not measuring up analytically.

My guess based on observations of your reasoning and conduct?

All of the above. ; )

You are such an easy target klemencic. My advice is to choke the posts of your flawed conclusions and suspect representations and to cork your whining and name calling ("liar, liar, pants on fire") of everyone who challenges the inane assumptions you express here.