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

To: Robert Cohen who wrote (6201)	12/21/1998 9:53:00 PM
From: Robert Cohen	Read Replies (1) \| Respond to of 27311

One year ago when we were told that production was eminent we were shocked at the resignation of Cal Reed and the subsequent now greater than 1 year delay. When I suggested that the Board of Directors had a fiduciary responsibility to inform stockholders, it was the the approach of some on this thread that if one couldn't take the heat it would be best to liquidate your position while others accused me of being a member of the class action law suit. It reminds me of many during the Viet Nam War who suggested to those of us who did not support the war to leave the country. Well here we are again. Again I say that the BOD has a fiduciary responsibility to be honest and direct to stockholders regarding the issues we continue to discuss. The infrequent CC and Press Release are not enough. We deserve answers. I for one plan to attend the annual meeting. I will let my feelings be known. As I stated earlier today, I closed out my long position in my IRA and now can only vote some 25K shares. Robert