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

To: MGV who wrote (4103)	9/6/1998 9:25:00 AM
From: David Maginnis	Respond to of 27311

Such as them being bought out, bad health in family, or retirement during a reorganization (which is quite common where I work). If he starts selling lots of his shares then it is bearish, if he does not then the bears go out the window. As of 5 Sept 98 he has not sold or registered to sell any of his stock in the last several months.

To: MGV who wrote (4103)	9/6/1998 11:40:00 AM
From: Herb Blair	Read Replies (1) \| Respond to of 27311

I've let a few days pass before speaking. The facts as we know them about the company have not changed and have been confirmed partially by the hiring in NI. In addition as has been mentioned someone put up millions recently and I'm sure they checked VLNC out well. (Sure a venture cap losses often but that is because he is speculating like us. He sure doesn't want to lose millions on any of his ventures.) I too am sorry to see that this guy quit but only because it is a negative indication. I have no idea how to quantitate that. Don't new CEOs bring in their own people? Anyway I'm staying long. No sweat!! Herb