Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Larry Brubaker who wrote (5486)	11/22/1998 6:42:00 PM
From: FMK	Read Replies (1) \| Respond to of 27311

Hi Larry, I just read your post and have a few comments. 1-I believe Carl Berg is worth more than $800 million. 2-If Carl wanted the company all to himself, he could have kept it private. 3-Carl most likely has another $10 to $50 million ready if Valence needs it. 4-By putting Castle Creek through their due diligence, they acted as an independent evaluator of Valence's outlook. Their approval of the loan was therefore a vote of confidence for him. 5-If you checked into Carl's history you should find that he owns/has owned significant percentages of many companies including IDTI and has not been a "floorless convertible bandit" as you suggest. 6-As Pronichev pointed out, your own appointed investigator Zeev concluded that the floorless convertible is toothless. I must commend you for having a fine imagination, but why don't you just buy back in stop fighting the tape