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

To: Mark Johnson who wrote (7091)	1/14/1999 9:38:00 PM
From: Mark Johnson	Read Replies (2) \| Respond to of 27311

Should we listen to FMK? He called it right yesterday. <<Wednesday, Jan 13 1999 1:19PM ET Reply 7050# of 7088 by FMK I just noticed the Nasdaq just turned positive after being down over 100 points earlier today. Valence sold off as far as 6 15/16 bid. Now 7 x 7.25. Are we ready for a rebound? IMO an excellent time to acquire more stock.>> Maybe Wolanchuk and FMK are both right. Wasn't Wolanchuk the award winner who said we are looking at a $60, $80, $100 stock once Valence starts distributing these wonderful batteries?

To: Mark Johnson who wrote (7091)	1/14/1999 9:54:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 27311

Mark, I may not have to vote but I have the right to vote, and I plan on exercising that right. I think whether to support Proposal 3 is a legitimate question. Hopefully the question will be moot long before the floorless conversion can take effect at the end of July (e.g. the stock price will be well above $6). But in the event it is not and the floorless conversion may be an issue, I don't see the harm in trying to determine whether "conversion at a premium" is preferable to a floorless variable rate conversion. Does anybody have a good argument for voting YES?