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

To: DKR who wrote (2651)	4/14/1998 3:06:00 PM
From: DKR	Read Replies (2) \| Respond to of 27311

Wire for VLNC VALENCE VICE PRESIDENT FILES FORM 144, TO SELL SHARES WASHINGTON, DC, Apr. 14, 1998 (States) -- Jim Larkin, vice president of Valence Technology of Henderson, N.Y., reported on April 6, 1998 the proposed sale of 14,250 shares on April 1, 1998, for $71,250 through Smith Barney Inc. -0- Copyright States News Service, all rights reserved ================================================================ Subjects: wall+street otc sec-f144 stx technology washington Symbols: VLNC

To: DKR who wrote (2651)	4/14/1998 8:51:00 PM
From: Herb Blair	Read Replies (2) \| Respond to of 27311

I just went through EDGAR filings and it states the lesser officers own 1.4 million shares. The 3 Big guys on the board own a lot more and no one else is selling.YET? Question: could he be liquidating shares to buy raise money for options? On the other hand we haven't heard from Fred (FMK) putting a positive spin on things which is worrisome for me.<EOM>