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


To: kolo55 who wrote (15548)11/1/1999 5:03:00 PM
From: kolo55  Read Replies (2) | Respond to of 27311
 
Updated conversion information:

The conversion price climbed to 4.63 from 4.62 on Friday.
Here are the last ten closing bids and conversion prices:

Date: Closing Bid: Conversion Price:
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
1-Nov 5.3438 4.6292

Note that the Oct 19th closing bid went stale today, and expires before noon tomorrow.
The October 20 and 21 closing bids drop out in the next two days.

The closing bid today, was the highest since September 20th.
Here is what will happen to the conversion price if the closing bid stays at this level
over the next nine days:

Date: Closing Bid: Conversion Price:
2-Nov 5.3438 4.6555
3-Nov 5.3438 4.7081
4-Nov 5.3438 4.8238
5-Nov 5.3438 4.8501
8-Nov 5.3438 4.9343
9-Nov 5.3438 5.0342
10-Nov 5.3438 5.1868
11-Nov 5.3438 5.3183
12-Nov 5.3438 5.3972

Paul