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

To: wm sharp who wrote (1224)	10/30/1997 11:07:00 PM
From: barrcuda	Respond to of 27311

I just couldn't help myself today. I bought some june $7.50 calls at 2 1/2. This just seemed like too good a deal to pass up. I called the company today to set up a tour of the facilities in Henderson. I will be in Vegas mid November and thought I'd like to see the place for myself. I was told, "no problem". Maybe I'll take my cell phone and try out one of their batteries.

To: wm sharp who wrote (1224)	10/31/1997 9:19:00 AM
From: Richard C. Reardon	Read Replies (1) \| Respond to of 27311

Seems to me that the recent market downturn could be very advantageous for VLNC investors. With so much capital recently pulled out of the market, many investors will be looking for other places to put their money. The current low price of VLNC coupled with the imminent launch of commercial production ought to be an attractive combination leading others to recognize the opportunity for explosive stock price appreciation.