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

To: Pallisard who wrote (15225)	10/12/1999 4:26:00 PM
From: Pallisard	Respond to of 27311

P.s. Noted that Thompson I-Watch reported 2/3 institutional trading today and the rest not covered; NO retail reported. Also two buy interest messages, an early one of ~ 20,000 and one at around 1:15 for 100,000.

To: Pallisard who wrote (15225)	10/12/1999 5:26:00 PM
From: kolo55	Read Replies (3) \| Respond to of 27311

Updated conversion information. The conversion price climbed today to $4.87 up from the $4.83 yesterday. CC has until one minute before noon tomorrow to convert, and capture this conversion price. The last ten closing bids (note three 4 5/8 closing bids lined up to be eliminated this week) and the conversion price that was in effect each day. Date: Closing Bid: Conversion Price: 29-Sep 4.6250 4.9764 30-Sep 4.6250 4.9027 1-Oct 4.6250 4.8291 4-Oct 5.0625 4.8291 5-Oct 4.9688 4.8238 6-Oct 5.0625 4.8238 7-Oct 5.2188 4.8238 8-Oct 5.2188 4.8238 11-Oct 5.3125 4.8343 12-Oct 5.1875 4.8764 What happens if the closing bid remains unchanged for the rest of the week? Date: Closing Bid: Conversion Price: Shares Lost: 13-Oct 5.1875 4.9711 18,400 14-Oct 5.1875 5.0658 17,700 15-Oct 5.1875 5.1657 18,000 The question remains: Will CC convert? Paul