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


To: Larry Brubaker who wrote (6281)12/25/1998 8:39:00 PM
From: FMK  Read Replies (2) | Respond to of 27311
 
Larry, you are entitled to take the latest filings at face value until you hear otherwise. With that in mind, I suggest that you call the company and ask for Cal Reed. If you are told Cal is no longer with Valence and that Lev Dawson is the current CEO, you may want to reconsider.

Perhaps the legal firm that filed the SEC report used some old info from their hard disk just to get the report out before the holidays, and in doing so, failed to do a good job of updating all the company information. As I suggested before, this SEC report was not intended as a news release or status update, just legal paperwork required by the SEC for the revised financing. As expected of attorneys, they kept plenty of disclaimers, even outdated ones, to be sure their document was immune from lawsuits.



To: Larry Brubaker who wrote (6281)12/26/1998 5:04:00 AM
From: Pronichev  Read Replies (2) | Respond to of 27311
 
Larry,FMK,ZEV,anyone:What does "safety qualified" mean? That the batteries are not safe? (unlikely); that the machinery is not safe? (unlikely) My suspicion is that it doesn't mean anything and is just lawyer speak for non existent processes. Of course I could be totally incorrect, but I would like to hear a more precise technical description of what is meant by "safety qualified". Thanks and Merry Christmas! Michael