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

To: Larry Brubaker who wrote (2591)	4/6/1998 12:42:00 AM
From: Mark Adams	Read Replies (1) \| Respond to of 27311

The promissory note is not required to be paid until 2005. I've seen this before. Assuming it's not forgiven between now & then. I'm too cynical to be playing this game. <g> I rechecked my data, and I can't find anything public which states they've acquired additional funding. If they issue convertible preferred or bonds, it could put downward pressure on the stock. If they manage to land a nice long term sales contract, financing would be less challenging. I think at the moment they face a real issue of the non technical variety with this.