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

To: Jacques Tenzel who wrote (26041)	6/10/2003 1:42:33 PM
From: P. Ramamoorthy	Read Replies (1) \| Respond to of 27311

Jacques, Good news about targeting the cashflow breakeven point. Happened to watch teh stock activity as the Dow Jones news wire flashed as follows: +DJ Valence Secures Fincl Commitments To Reach Cash Flow Breakeven (MORE) Dow Jones Newswires 06-10-03 1259ET- - 12 59 PM EDT 06-10-03 DJ Valence Gets Continued Access To $10M In Credit Line (MORE) Dow Jones Newswires 06-10-03 1300ET- - 01 00 PM EDT 06-10-03 DJ Valence Gets Commitment For Added $10M In 2004 >VLNC (MORE) Dow Jones Newswires 06-10-03 1301ET- - 01 01 PM EDT 06-10-03 The stock price responded immediately. We'll see more price action as the news drifts down to the market in the next day or two. Aside - looking forward to the conversion of the preferred stock when the price exceeds $6.38, before the deadline of Dec 2, 2004. Ram