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

To: kolo55 who wrote (15494)	10/27/1999 8:10:00 PM
From: MGV	Read Replies (1) \| Respond to of 27311

Todays closing bid absolutely matters, though klemencic is trying hard to deceive you otherwise because - there has been no lower closing bid in the past 10 days (at least until tomorrow). - as the lowest closing bid it is stark reminder that the price trend in VLNC is down, not up. - the price need not fall farther just to cause the conversion price to continue to fall. - it perpetuates the downward conversion price pressure by creating a new 10 day low. - if it weren't for today's falling closing bid, everyone would be sickened by klemencic's jaded and squirrelly minutiae about the direction of the conversion price - even though he has been off base evey time.