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


To: kolo55 who wrote (15486)10/27/1999 7:16:00 PM
From: MGV  Read Replies (1) | Respond to of 27311
 
Important to note that the closing bid today is lower than the closing bid that drops out. VLNC stock price continues to fail to find any good reason to rise.

"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. "



To: kolo55 who wrote (15486)10/29/1999 1:49:00 AM
From: kolo55  Read Replies (1) | Respond to of 27311
 
Updated conversion information for Series B.

After another big selling day by CC, the conversion price dropped to 4.61 from 4.62 yesterday, a one cent decline.
Here are the last ten closing bids, and conversion prices:

Date: Closing Bid: Conversion Price:
15-Oct 4.6250 4.9238
18-Oct 4.6875 4.8606
19-Oct 4.6875 4.8133
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
28-Oct 4.5625 4.6081

The Oct 15th price of 4 5/8 goes stale today, and expires tomorrow at noon.
If the closing bid tomorrow is higher than 4 5/8, the conversion price increases, if less, it declines.

Paul