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

To: lws who wrote (3635)	8/10/1998 11:48:00 PM
From: FMK	Read Replies (1) \| Respond to of 27311

LWS, I just read your post and am surprised that you are concerned about the financing. Remember that Lev borrowed against his approx 950k shares to acquire another approx 950k shares at 5 1/16. He obviously has more information about the company's situation than most shareholders. I doubt if he would have put three more assembly machines on order for October delivery if he felt there was a remote possibility they couldn't mass produce the batteries or pay for the equipment. As I just posted, my response the current state of affairs and price level is to increase my position. Hang in there, I am convinced it will be well worth it!