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

To: Tmoore who wrote (4226)	9/16/1998 9:17:00 PM
From: Mark Johnson	Read Replies (1) \| Respond to of 27311

"Motorola is changing the world of telecommunications with the first truly global, digital communications system". Motorola will be unveiling a new cellphone soon, named "Iridium" to be used with their new global communications system. Rumor has it (which I heard from two different sources) they will be using a Lithium Ion Polymer Battery. It is well known Valence has had a long standing relationship with Motorola (and at one time a $100 million dollar contract) and has been sampling batteries from the production line for several months now.. Maybe some of todays volume can be attributed to impending news. The new phone is to be released in the next few months. Good Luck to all Valence longs!

To: Tmoore who wrote (4226)	9/16/1998 11:37:00 PM
From: FMK	Respond to of 27311

Thanks Todd, I was told many brokers had no notice of the insider buying thru Bloomberg, and that many were made aware by other means. There could be continued effects as the news gets more widely disseminated. In recent months stock price has been beaten down while the company has made solid progress. IMO were are overdue for a return to the 6's and 7's in anticipation of news. I too, was told of Motorola's Iridium and find it highly likely that their Li-polymer will be supplied by Valence, but that is only one of several applications we may hear about. I remain convinced that we are well past the point of whether the company will succeed. Am looking forward to good day! Regards, FMK