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


To: P. Ramamoorthy who wrote (19755)5/16/2000 10:28:00 AM
From: Chisy  Respond to of 27311
 
Found this post on RB's IDTI Board:

ragingbull.com

CARL BERG is accumulating VLNC.

this is not a spam. I just bought into VLNC. It's a rechargeable battery maker for mobile devices such as Info Appliance, Celluar phones, etc.

"a development stage company engaged in research and development to produce advanced rechargeable batteries based upon lithium ion and polymer technologies. The Company's current research design is a hybrid of Valence's proprietary battery technology and a plastic lithium battery technology licensed from Bell Communications Research, Inc. The Company's potential battery products may be used in a number of applications, including as a portable, rechargeable power source for portable electronics products, such as notebook computers and cellular telephones, automotive starter, lighting and ignition, electric vehicles and military equipment. To date, Valence derived substantially all of its revenues from a completed research and development contract with the Delphi Automotive Systems Group of General Motors Corporation."

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Its insiders are buying/accumulating stocks:

"15 Largest Insider Purchases (05/05/00 - 05/12/00) Co. Insider Value Rel. Trade Dates Shares Holdings

($ 000s) (000s) (000s) ADLAC RIGAS MICHAEL J 29,838 VP 03/31/00-04/19/00 637.9 16,163.3 FTRL PEQUOT CAPITAL MA 15,000 IA 04/28/00-04/28/00 1,764.7 9,806.6 PDQ PETROCELLI A F 9,954 CB 04/11/00-04/13/00 1,245.0 N/A HLTH CLARK JAMES H 8,784 D 04/11/00-04/26/00 450.0 N/A RIV WESTERMAN WILLIAM 2,595 CE 04/26/00-04/26/00 346.0 966.0 VLNC BERG CARL E 2,128 D 04/13/00-04/14/00 140.0 N/A "