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

To: john t. brice who wrote (8822)	3/2/1999 12:48:00 PM
From: FMK	Read Replies (2) \| Respond to of 27311

Re: Value of patents. About a year ago a broker remembered that his company research estimated the value of Valence patents at somewhere over $8 per share. I heard an estimate recently that royalties from the phosphate patents, could easily be in the hundreds of millions $ per year. I remember statements last year that the company estimated that royalty income could very well exceed revenues from Valence's own battery production. I question whether this included the phosphate patents because they seem to have been developed more recently. If it doesn't, and nothing better comes along to improve battery performance by 40%, most all rechargeable battery makers will want it for competitive performance reasons and we might be looking at much higher annual royalty income! Using the $1 per share earnings consensus per production line for four lines, I get $4 per share earnings. If royalty income equals or exceeds this, we are looking at $8 per share earnings. When? I believe the consensus is now that it is a question of "when", and not "if". If you are convinced that the company will succeed, purcasing the stock under $10 should be a steal. Think how fast LITH quadrupled with only the news (that I am aware of) that they had diluted 50% and that a large company became represented on its board of directors and there may be future plans! Remember Valence already has joint-venture partners that have built plants! So it appears the events necessary for a quadripling are in place for Valence. MCI/Worldcom Chairman has come on board, but we have only yet to dilute 50%! I was reminded by a naysayer that getting to $100 might be very frustrating because the stock will probably split and we would have to work back up to $100 all over again! Regards, FMK

To: john t. brice who wrote (8822)	3/2/1999 1:05:00 PM
From: HQ	Read Replies (1) \| Respond to of 27311

Because of LITH I bought more VLNC today. I got in on LITH originally (at $.30) because I believe in the li-poly battery market, and how it can/will benefit all players who can produce this golden egg. Watching LITH triple this week on no news has been most interesting. I could be wrong (it could be pump-and-dump), but I'm chalking up the rise to the fact that more and more people see the need for li-poly and have noticed the race going on; they then perhaps have chosen to get in with LITH, the cheapest entrant. To those saying it's all pump-and-dump with LITH, all I can say is that I follow the pennies market and have seen many P&Ds happen. There is generally a frenzy of posts in places like BOBz Stock Tip Forum, Raging Bull, and Trader Cents, leading up to and during the P&D (and then the post mortems begin). I have not seen LITH mentioned anywhere, on any forum even once. So if it IS P&D driving LITH, I feel it must be coming from Asia and not North America. This post is NOT meant as an endorsement of LITH; rather it's just to underscore what I perceive to be the overall excitement directed toward this industry. By ALL appearances LITH is way far behind Valence, and Valence does, in fact, appear IMHO to be poised for big news any day, i.e., a perfect product and a deal in hand for it. I believe our time with Valence is coming soon, which is why I bought more today and loaded up on options last week. And which is why I'm enjoying the attention another battery company is getting. We'll get ours! Jeff HQ

To: john t. brice who wrote (8822)	3/2/1999 9:36:00 PM
From: hcirteg	Read Replies (1) \| Respond to of 27311

Duckster that was me...15,000 shares of lith at .38...sold 5000at just uner $1. Holding for now... HC

To: john t. brice who wrote (8822)	3/3/1999 10:51:00 AM
From: John Curtis	Respond to of 27311

John: LITH?? Nah, I've stayed faaaaar away from THAT one, heh! I believe "Jac," in a post some time back in which she place a response to someone from the LITH thread who was posting here, just about summed up my view of them. Smelly, smelly, smelly; and she reference a certain stock detective website who had less than stellar commentary about their investigation of LITH. That LITH threadster then basically left "in a huff," if memory serves. Ahem! Of course, this is not to say they're not a potential lith-poly battery production candidate, it's just that I've tended to have more negative experiences than positive ones whenever I've played with pennies, so I shy away from them. Why? Typically, d.d. data is hard to come by with 'em, 8 out of 10 times games are being played(and in the case of LITH I see they're currently trading at $0 19/32 x $0 41/64) by "sophisticated players" ruled by the invisible currents of self interest, and all sorts of other shenanigans play out where often you're the victim. Still, I keep them on the radar screen in the event they move beyond the realm of "partnerships/board participants" type of announcements into the world of production announcements. Speaking of which I see VLNC's kind'a sort'a waddling around with a slight negative bias, and since its trendline has been broken and no material events have manifested themselves.....well, let's see if it can hold at ~$7, eh?? Regards! John~