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

To: FMK who wrote (4318)	10/2/1998 10:31:00 AM
From: FMK	Respond to of 27311

Re Insider buying- Washington Service "WSA" reports a correction. The previously-reported 75,000 shares by Lev Dawson and 20,000 shares by Dave Archibald were open-market purchases and not option related. It appears the insiders have bought roughly 515,000 shares recently, including Alan Shugart's 100,000 shares purchased above $4.

To: FMK who wrote (4318)	10/2/1998 10:44:00 AM
From: Sam	Read Replies (1) \| Respond to of 27311

Fred, "these folks don't invest ONE DIME, without some sort of supreme confidence, particularly when you're up in your 70's(Shugart) and looking to remain prosperous(after all, falling off the financial cliff at his age isn't something to cheer about, eh?)." Yes, its positive news, but, even if VLNC went bust, AS would not fall off any financial cliffs because of the loss of half a million dollars.