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

To: hcirteg who wrote (6230)	12/22/1998 3:48:00 PM
From: Tiki Hawkins	Respond to of 27311

HC, I don't know that there's anything fishy going on. Just more delays. I dumped 1/2 my holdings at 8 1/2 after the announcement of the removal of the variable conversion and 1/2 of what was left during this a.m.s dead cat bounce ~6 3/8 - 1/2. I think I'll be able to get 33% more shares for the same money by the middle of Feb. Hope I don't get caught with my pants down, but I think there's going to be a lot of time to pick your spots during Q1 of '99. I'll miss the start of the ride up if anything happens before then, but as of now, I'd be shocked if a contract were announced before the start of Q2.