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

To: LiPolymer who wrote (19061)	4/7/2000 12:43:00 PM
From: Dennis V.	Respond to of 27311

Larry, As far as NASDAQ, we have to allow that Valence is a small cap and a fairer comparison would be to the Russell 2000. The Russell hit a high in Apr 1998, dropped like a stone and just recently rebounded to a new high only to fall again. Compared to the Russell, Valence had exceptional performance on the upside. Still looks good.

To: LiPolymer who wrote (19061)	4/7/2000 12:49:00 PM
From: Robert Cohen	Respond to of 27311

Level II update and other musings: BEST continues to sell and walks the price down at any and every opportunity. In the absence of news of additional contracts and new analyst coverage we will remain range bound despite recovery of the NAZ. I continue to believe that management should fight fire with fire. A press release stating that x assembly lines are fully qualified, running x shifts/day and producing product at y rate and shipping product to satisfy existing contracts would be truthful and would go a long way to alleviate the existing uncertainty in the market. On the other hand I guess we could just let the short coalition bastards continue to have their way with us.