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

To: kolo55 who wrote (15304)	10/19/1999 5:55:00 PM
From: MGV	Read Replies (1) \| Respond to of 27311

Such excited hopes only 8 days ago -- dashed with continued failure to execute. Message 11510222 "Now lets look at a forecast of what will happen through the rest of the week, if the closing bid stays unchanged from today's close. Ed. note - Start dreaming or grinning now as the case may be. Date: Closing Bid: Conversion Price: Shares lost each day: 12-Oct 5.3125 4.8764 8,400 13-Oct 5.3125 4.9764 19,400 14-Oct 5.3125 5.0763 18,700 15-Oct 5.3125 5.1920 20,700 In order to not lose shares, the selling coalition will need to drive the stock to 4 13/16 tomorrow, then to 4 5/8, and hold it there the rest of the week!!!" Ok - back to reality now. The excitable klemencic was predicting a conversion price of 5.19 and rising on 10/15. On 10/19 the price is about 40 cents less and falling.

To: kolo55 who wrote (15304)	10/20/1999 5:19:00 PM
From: MGV	Respond to of 27311

"If the closing bid remains at $4.6875, tomorrow the conversion price will drop to $4.75." Yet another in a 16 month string of poor, money-losing calls. If the closing bid had remained at 4 11/16. the conversion price would have fallen to 4.75. Alas, it did not; it fell further - to 4 9/16. The conversion price is below 4.75. Whats more, if the closing bid does not rise to at least 5 3/16 (13.70% higher!!!) tomorrow, the conversion price will fall further tomorrow!

To: kolo55 who wrote (15304)	10/20/1999 5:33:00 PM
From: MGV	Read Replies (1) \| Respond to of 27311

The smoke is getting thicker. TNB announces shipment of laptop lipoly batteries to an OEM and VLNC share price falls further under $5. Where there is smoke, there is fire. Have you sold yet?

To: kolo55 who wrote (15304)	10/20/1999 6:15:00 PM
From: kolo55	Read Replies (2) \| Respond to of 27311

Latest conversion information: Here are the last ten closing bids and conversion prices: Date: Closing Bid: Conversion Price: 7-Oct 5.2188 4.8238 8-Oct 5.2188 4.8238 11-Oct 5.3125 4.8343 12-Oct 5.1875 4.8764 13-Oct 4.9063 4.9238 14-Oct 4.6250 4.9238 15-Oct 4.6250 4.9238 18-Oct 4.6875 4.8606 19-Oct 4.6875 4.8133 20-Oct 4.5625 4.7291 The conversion price has dropped to $4.73 today. It will drop again tomorrow, unless the closing bid rebounds to at least 4 29/32. The other guy incorrectly says if must rebound above 5 and change. This is another lie. Well, read his comment yourself, and see: "Whats more, if the closing bid does not rise to at least 5 3/16 (13.70% higher!!!) tomorrow, the conversion price will fall further tomorrow!" Paul