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

To: FMK who wrote (2041)	2/6/1998 9:04:00 AM
From: MHS	Read Replies (1) \| Respond to of 27311

I had my broker's research dept. call Bettsy at the Financial Releations Board (sorry forgot her last name). She said that they have not announced any new OEM contracts. She also said that they did not expect to announce anything on production until the last 2 weeks of the quarter. I interpret that to mean that the conference call will yield little new information. And that we will have to wait until the end of the Q to learn if production is on track. mhs

To: FMK who wrote (2041)	2/6/1998 4:45:00 PM
From: I. N. Vester	Read Replies (1) \| Respond to of 27311

FMK: re <'veteran... thinks the seller will be done in a few days'> I'll bite the whole hook on this one! It's a huge wonder to me where all the supply continues to come from at this level. Somebody has a big supply of this stock which they just keep on dumping. Anybody with this much stock has to have access to the info we have or better. It seems like such a fools game to dump now. Doesn't he/she know that the price is going to get a lot better in just a short while? Must have a VERY pressing need for cash!!! Even if CR and Masuda sold all they had, that supply is long gone. I would appreciate it very much if you or your veteran friend could ELABORATE. I'll take seasoned speculation, rumour, inuendo, whatever you may have or be able to get for us inquiring minds; we need to know! Days like today, when even 4 3/8 doesn't hold up, (along with a lot more rain than the bay area knows what to do with), even valium wouldn't help!!!