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

To: kolo55 who wrote (15524)	10/29/1999 4:42:00 PM
From: kolo55	Read Replies (1) \| Respond to of 27311

Updated conversion information: The conversion price climbed back to 4.62 from yesterday's 4.61. Here are the last ten closing bids, and conversion prices. Date: Closing Bid: Conversion Price: 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 29-Oct 4.8750 4.6186 The 4 11/16 closing bid from Oct 18 became stale today, and drops out by noon on Monday. The conversion price will climb again on Monday, unless the closing bid is 4 11/6 or less. Also on Monday the 4 11/16 closing bid for Oct 19th goes stale, then on Tuesday the 4 9/16 goes stale, followed by the 4 1/2 closing bid on Wednesday. CC will need to push the price to these closing bids next week to prevent the conversion price from climbing. Paul