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

To: DKR who wrote (2044)	2/6/1998 4:19:00 PM
From: steve	Read Replies (1) \| Respond to of 27311

Ya, I noticed on the Datek screen 4 3/8 bid 4 7/16 ask 4 1/4 last. Find it funny that someone would sell 1/8 below bid... Had an order in all day at 4 3/8, filled a couple minutes before closing.

To: DKR who wrote (2044)	2/6/1998 10:00:00 PM
From: Paul Dubsky	Read Replies (1) \| Respond to of 27311

Re: Obsolete technology - From my experience in the field of "obsolence", it takes at least 2 - 3 times longer for the reality of a technology's demise to become widespread. In other words, when someone predicted the replacement of the VCR 5 years ago (to DVD), they never would have thought that it was still selling strong! Same goes for computer storage products. The 1.44 floppy should have been obsolete 10 years ago! FMK - Hope your sources and hunches are correct. Trading lower is very frustrating, but I'm looking to ADD to my position if it hits $4. I think the fact that the conference call may be a "bust" will provide us all with a great buying opportunity. As long as this puppy holds $4, I'm not too worried for a break below. If it breaks it, though, oh boy. If in fact that there is no official news until the last couple weeks of March, there are going to be a lot of very, very nervous investors with call options for March.