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

To: Paul Dubsky who wrote (2217)	2/17/1998 6:46:00 PM
From: Robert Cohen	Read Replies (3) \| Respond to of 27311

I have been thinking after this morning's turn of events. As individual stockholders our only leverage is maintaing open lines of communication with management. We don't have the same clout as a large institutional investors who can and do effect management decisions and frequently have influence re members of the board. We are certainly not in a position to make technical recommendations regarding product development, production, and distribution. With this in mind what then can our role be? I suggest we demand frequent, accurate and honest information from management. Only then can we make intelligent investment decisions. To this end I suggest(again) that the Valence WEB site undergo a major make over. The following are minimum requrements. 1. Publish Email addresses of management. This would allow the private investor to at least have a one way dialog. 2. Post regular (weekly would be a good start) updates as to the status of developing production lines, status of testing batteries etc 3.Post dates and times of up coming conference calls along with the proceedure to participate. 4.Current technology allows audio of Stockholders Meeting and conference calls to be made available via RealAudio. 5.Describe the technology. More graphics. 6.Post a message from the new CEO outlining his vision and game plan. If anyone else has other suggestions please add to the above. Perhaps we can forward this management. Robert

To: Paul Dubsky who wrote (2217)	2/17/1998 10:20:00 PM
From: I. N. Vester	Read Replies (1) \| Respond to of 27311

LD is a liar and is stupid or culpable. 1) Let bad news out is when the stock is down anyway. 2) Everyone but speculators gain a great deal from a stable stock price. Screw the 'don't believe it unless you hear it with your own ears'. I know that people have been talking to DA and to their IR firm and have been told production was still 'on schedule'. It's interesting to realize how unreliable the info has been. Lies have been told. Very important information was withheld. Whatever merits and value the co. has, this CEO flunked CEO 101. Only a moron lies to or otherwise screws around the investment community. They remember these things and your stock can suffer for a very long time. I've been speculating. I deserve what i get, and will cheerfully continue to play the game. But i gotta ask myself what is wrong with this CEO. If he's at all honest about making that decision in early Jan how could he be so stupid as to be so quiet about it. And if he was lying about when he made the decision, then he's even stupider still! Either way it's clear he's a liar and/or idiot or guilty as hell of some form of stock manipulation. Can't imagine a worse way to start off with the investment community. And it doesn't give me a warm feeling for his other talents either.