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


To: hcirteg who wrote (1866)1/4/1998 1:31:00 AM
From: Larry Brubaker  Read Replies (1) | Respond to of 27311
 
HC:

By all means, keep reporting. I'm no legal expert but I don't see how the impressions of an employee of a vendor to VLNC constitutes insider information.

As far as I'm concerned, this is the value of SI. It allows those with a common interest in a company to get together to share information and impressions. This is particularly valuable with a company like VLNC which says almost nothing through official PR.



To: hcirteg who wrote (1866)1/4/1998 2:23:00 PM
From: Paul Dubsky  Respond to of 27311
 
HC - I'd suspect that the basic definition of "inside information" is information that is available only to a select group of people within or associated with an organization that could be used for profit that is not otherwise available to the general public.

Having said all of that, I don't susppose that information about whether a company's production line works within safety standards would be considered inside. We are probably the only group with any care about such a procedure. Just cause you can make a widget doesn't mean that you can sell it. Like you said, if there was news of a $100M deal with MOT that you pass along to us before it was announced, then we're talking inside. But, as others have said, news that an employee of a safety products company supplying parts to a battery company is spreading is hardly inside, now that I contemplate it. Afterall, we have to make money first!!!

So, please keep up the posts. I hope the options ratio explains it all in a matter of months (about 20:1 calls to puts).

Paul