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

To: Tickertype who wrote (19815)	5/18/2000 1:00:00 PM
From: drbailey	Respond to of 27311

We're holding strong today. The writing is on the wall. We may see some very "interesting" activity at the end of the day. The institutions seem to like to wait until the last half hour or so to jump in. Nice time to be a long. The short selling contingent seems to have played its hand and now all they have left is to bash the company on the threads.

To: Tickertype who wrote (19815)	5/18/2000 2:03:00 PM
From: P. Ramamoorthy	Read Replies (1) \| Respond to of 27311

Ticker, Re.: "...How about the president of a "major OEM" who called Lev..." I got the same impression as you did. There were other tidbits as well. I chose not to include them in the conference call summary. A laptop order will have a huge effect on VLNC price. If I were a laptop producer, I would risk introducing a trial model with VLNC battery at a moderate price and see how well it is received in the market. May be, that is about to happen. jmo. Ram