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

To: Bob Childers who wrote (8219)	2/12/1999 12:33:00 PM
From: Rich Wolf	Read Replies (1) \| Respond to of 27311

Bob, the SEC rules on 'insider information' are very gray, and it is up to the companies to decide. If there is no contract already signed, and Bert Roberts only 'knows', in that arena, what we 'know', we could easily get a PO late Feb or March, and I don't see it as a problem that he's still buying stock in the open market. The wording of the SEC document notwithstanding, we were told verbally at the meeting that the 'customers like the product,' and the company had 'programs' ongoing with the customers for months already, and that a PO was only part of that program. Looks like the ball is in the customers' and repackagers' courts, and I think board members could still be buying the stock without this implying a delay in announcement of material events. Only my opinion, though. Safe travels-