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


To: kolo55 who wrote (15595)11/1/1999 5:19:00 PM
From: MGV  Read Replies (1) | Respond to of 27311
 
LOL There you go again with your excited, irrelevant projections. "Here is what will happen to the conversion price if ........ the next nine days."

Broken clock.



To: kolo55 who wrote (15595)11/2/1999 5:15:00 PM
From: kolo55  Respond to of 27311
 
Updated conversion information:

The conversion price climbed to 4.66 from 4.63 yesterday.
Here are the last ten closing bids and conversion prices:

Date: Closing Bid: Conversion Price:
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
2-Nov 5.3125 4.6555

The Octber 20 closing bid of 4 9/16 went stale today, and expires before noon tomorrow.
And the October 21 closing bid of 4 1/2 goes stale tomorrow.

Here is a forecast of the conversion price for the next eight days,
if the current closing bid holds steady over that time period:

Date: Closing Bid: Conversion Price:

3-Nov 5.3125 4.7081
4-Nov 5.3125 4.8238
5-Nov 5.3125 4.8501
8-Nov 5.3125 4.9290
9-Nov 5.3125 5.0237
10-Nov 5.3125 5.1710
11-Nov 5.3125 5.2972
12-Nov 5.3125 5.3709

Castle Creek will lose 135,000 shares if this happens, and they don't convert.

Paul