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

To: Mark Johnson who wrote (5466)	11/22/1998 1:02:00 PM
From: gvander	Respond to of 27311

techweb.com

To: Mark Johnson who wrote (5466)	11/22/1998 1:06:00 PM
From: gvander	Read Replies (1) \| Respond to of 27311

AER actually has relationships with Duracell and Hewlett Packard of the type Valence promotors are claiming, yet its market cap is at 1/10 Valence's. 25 million Market-Cap seems about right for Valence. Maybe half that since AER's relationships have been confirmed and are not speculation.

To: Mark Johnson who wrote (5466)	11/22/1998 2:37:00 PM
From: Greg McDaniel	Respond to of 27311

Until I see an announcement by Valence of a contract I will not be counting on a " steady flow of cash". In the mean time, here is some short interest info. date / short interest / avg daily vol/ days to cover 10/98 768,678 139,020 5.53 09/98 488,184 232,048 2.10 08/98 604,585 183,866 3.29 07/98 481,384 137,001 3.51 06/98 365,003 293,538 1.24 05/98 186,482 142,129 1.3 It will be interesting to see November's short interest.