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

To: FMK who wrote (2057)	2/7/1998 7:49:00 PM
From: steve leftwich	Read Replies (1) \| Respond to of 27311

FMK: Thanks for the info!! Do you know how many shares Cal will have after his selling? Have you established your network of contacts from working in the investment field?

To: FMK who wrote (2057)	2/7/1998 9:26:00 PM
From: David Maginnis	Respond to of 27311

Insider Trader shows that many shares have been registered for sale in the last 6 months but none have been sold. Also, please post the telephone number to call to register for the teleconference. Thank You David M

To: FMK who wrote (2057)	2/8/1998 12:45:00 AM
From: jean1057	Read Replies (1) \| Respond to of 27311

thanks for your comment...very interesting theory..just does not get into my mind why on earth should cal sell 338 500 shares at this low levels...even if he got the shares at o.50 or $ l.--........... nobody...especially a former ceo of a company can be that desperate of money and sell that amount of "golden shares" at this level.......... if anybody sells at this level.....never mind........but a former ceo????????? I am really suspecous now.....and afraid to loose 30k $ regards j.c.

To: FMK who wrote (2057)	2/8/1998 4:25:00 AM
From: I. N. Vester	Read Replies (1) \| Respond to of 27311

Cumulative volume since 1/2/98 is 2.4M shares. With NASD double booking maybe 1.2 million shares have actually moved between non-MMs in the $4's. All the insider sell numbers in your posting add up to 400k shares. Maybe there is more inter-MM trading which put the recorded volume at more than twice the 400k. Otherwise i see 800k shares beyond the shares registered, which strikes me as a fairly good chunk, and much more than mere small fry could generate. Still, I love your theory and will be VERY happy if we can move into the $6 range next week. In any case, I'm patient. I'm pretty sure these shares are very undervalued and think it's a matter of weeks at most before we get some very nice upward movement. Given the very low volume in the $5-7 price range on the way down, I'm expecting a move to 7-8 dollars short term. Production/contract news should get us above $10 imho. Anybody waiting for a DROP in price is being foolish and risks missing a great opportunity, imo.