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

To: neweconomy who wrote (22233)	11/11/2000 9:56:07 AM
From: Dennis V.	Respond to of 27311

neweconomy: NOT THE FMK. (eom)

To: neweconomy who wrote (22233)	11/11/2000 1:35:55 PM
From: FMK	Read Replies (4) \| Respond to of 27311

Rich, I haven't posted or owned hardly any stock for a long time. After hearing of the acquisition of the Bellcore technology, I bought all the shares I could afford on Friday at 16 3/8. It's just over 1% of the shares I once had! I remember pointing out that of all their Li polymer licensees, Bellcore owned stock only in Valence, and that it should have been construed as Bellcore's vote for the most likely to succeed! Now they have voted again by taking their payment in Valence stock. If they had any doubts, they could have insisted on cash! I did not participate in the conf call or take much time lately to read the threads or post although it's been good to hear from a few of you. I must again admit that I greatly underestimated the time it would take to develop this technology, and continue to respect and admire Lev for mustering what it takes to get the job done so the Sonys, Sanyos, and ULBI's etc will now likely be paying Valence royalties depending on their desire to compete, either with or without this superior technology with a lower cost to produce. Having patented and gained control of the technology and certain key materials, Valence(and their shareholders) can participate in the huge market for rechargeable portable devices without having to finance and build factories. I am not sure of the exact percentage, but 6-8% of $billions plus consulting and startup fees should be worth waiting for! To those who have stayed the course - best regards from FMK!

To: neweconomy who wrote (22233)	11/11/2000 8:02:37 PM
From: P. Ramamoorthy	Respond to of 27311

Neweconomy, The name Fred is associated with a security firm and has a different last name. It is not Fred M Kellet. Fred Kellet is an engineer and knows a lot more about technology than this Fred. That is my impression because this guy sounded as if Globalstar phone was the only game in town. Lev response: "I don't care!" Fred: "I care, since I am a shareholder." Lev: "I am sure you do!" Funny thing about this Fred is that he cared about the Globalstar order as a VLNC shareholder, but later he said he sold the stock. Something does not jive here. A waste of conf call time, I think. Ram Ram