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

To: Emmo who wrote (1811)	12/24/1997 12:25:00 AM
From: I. N. Vester	Respond to of 27311

According to the lastest info i have Carl Berg owns about 4M shares. I don't think he has my interests at heart, but I don't think he can cut a deal which nets him more per share than any other shareholder. Actually your remarks are quite germain to the question of how indeed will VLNC be able to raise more cash. According to info posted on this thread the company has claimed that 'lines-of credit are available'. If we accept that there is enormous potential to profit from as much manufacturing capacity as can be built, then it would be in all shareholders best interest to borrow all the $. But that may not be possible, which does open the possibility of selling out or a dilution in ownership thru more shares being issued in order to raise cash to build up capacity. As long as Mr. Berg holds a very big stake, I can sleep at night with the thought that whatever financing is worked out, it will be the best deal that is possible for my own interests as well as Berg's. I worry much more about successful bringup of the production lines. If that works out, I think i will end up very happy!