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

To: kolo55 who wrote (15459)	10/26/1999 6:29:00 PM
From: mooter775	Read Replies (3) \| Respond to of 27311

Paul, Since I have a slightly larger position than you do in VLNC, I should probably weigh in and say that, on paper, I have 'lost' about $ 150,000 in the past two days on Valence. Doesn't bother me, since I haven't sold a share. And don't expect to until much higher prices. Did sell some ABMD today, though, which I had mentioned on this thread earlier this year at $9 1/4 - $ 14. Another "loser" which at least one ubiquitous poster on this thread didn't like. Sold at $23 3/4 today. But I still expect to make much more on Valence, both in $ and in % returns. Enjoy your posting and especially the fact that you can 'retain control' when corresponding to some of the posters on this thread.

To: kolo55 who wrote (15459)	10/27/1999 5:47:00 PM
From: kolo55	Read Replies (2) \| Respond to of 27311

Updated conversion information for Series B. Do to the onslaught of selling today, the conversion price drops from 4.66 to 4.62 per share. Here are the last ten closing bids and conversion prices: Date: Closing Bid: Conversion Price: 14-Oct 4.6250 4.9238 15-Oct 4.6250 4.9238 18-Oct 4.6875 4.8606 19-Oct 4.6875 4.7291 20-Oct 4.5625 4.7291 21-Oct 4.5000 4.6607 22-Oct 5.1875 4.6607 25-Oct 4.8438 4.6607 26-Oct 4.7500 4.6607 27-Oct 4.4375 4.6186 Note that one of the lowest six closing bids, the 4 5/8 bid on Oct 14 became stale today, and drops out of the conversion pricing tomorrow at noon. Paul