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

To: John Curtis who wrote (3740)	8/14/1998 12:01:00 PM
From: kolo55	Read Replies (1) \| Respond to of 27311

There is clearly a big seller- anyone know who? I asked this question on Wednesday, so I'll hazard a guess. Could it be Reed and/or Masuda (the former CEO and one of the former technical people)? Here is some info from the 10K on their holdings as of June 5: SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table sets forth certain information regarding the ownership of the Company's common stock as of June 5, 1998 by: (i) each director and nominee for director; (ii) each of the executive officers in the Summary Compensation table; (iii) all executive officers and directors of the Company as a group; and (iv) all those known by the Company to be beneficial owners of more than five percent (5%) of its common stock. BENEFICIAL OWNERSHIP(1) <TABLE> <CAPTION> Beneficial Owner Number of Shares Percent of Total ---------------------------------------------------------------------- <C> <C> Carl E. Berg(2) 4,103,380 16.1% 10050 Bandley Drive, Cupertino, CA 95014 Lev M. Dawson(3) 1,813,020 7.1 301 Conestoga Way, Henderson, NV 89015 Bell Communications Research, Inc. 1,500,000 5.9 445 South Street, Morristown, NJ 07960 Calvin L. Reed(4) 382,740 1.5 William J. Masuda(4) 256,661 1.0 Alan F. Shugart(4) 182,996 * Bradley A. Perkins(4) 127,216 * R. Joseph Horning(4) 123,113 * 301 Conestoga Way, Henderson, NV 89015 David P. Archibald(5) 100,316 * 301 Conestoga Way, Henderson, NV 89015 Tibor Kalnoki-Kis(4) 46,875 * All directors and executive officers as a group (10 persons)(6) ,136,287 26.7% </TABLE>