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

To: Greg McDaniel who wrote (8838)	3/2/1999 7:46:00 PM
From: Rich Wolf	Respond to of 27311

Greg, I would think the financing options have already been arranged. Accessing the money is not the problem. Selecting the 'best' option for the shareholders is the issue at hand. Carl Berg (the largest shareholder at 12.7%) is more than ready to 'loan' the company more money, and receive convertibles in return. Lev, however, is also a large shareholder (8.4%) and is highly motivated to do a secondary offering if at all possible, because he'll get a higher share price (less dilution). Also do not forget the few millions in warrants that have yet to be exercised. Regarding the new VP, see my prior post. He's a new Valence employee, a director of operations. The PR last fall for the other two most recent VP appointments were for two researchers; here it is: " September 24, 1998 -- Valence Technology, Inc. (Nasdaq:VLNC)today announced the promotion of Dr. Joseph T. Lundquist and Dr. George W Adamson to the positions of Vice President, Research and Development and Vice President, Process Engineering and Development, respectively. Dr. Lundquist, 58, has been Director of Research and Development for Valence, since rejoining the company in July, 1998. For the past two years he served as a consultant to the battery industry. Dr. Lundquist, who has a Ph.D. in electro-analytical chemistry from Michigan State, has authored over 35 technical articles and holds approximately 30 patents in the areas of batteries and battery components. Dr. Adamson, 32, joined Valence in 1996 and has held positions as a research scientist, project manager and Director of Product Development. Prior to that, he was a research scientist with Zinc Air Power. Dr. Adamson, who has a Ph.D. in physical chemistry from Massachusetts Institute of Technology, has authored various technical publications and has several patents pending in the area of battery components. "

To: Greg McDaniel who wrote (8838)	3/2/1999 7:52:00 PM
From: Tickertype	Read Replies (2) \| Respond to of 27311

From some of the rumors we've seen in the past, I've had the impression that contingency financing has been available, on fairly short notice. But it's only rumor. I think your timeframe for some kind of event is about right. As for the ones who filed S3's in september, hmm... did the R&D guys who were promoted to VP's become "insiders" at that point? I would also think we'll hear an announcement about this Roy Wright within a few days, in which case the stock is likely to get bumped up some again. - T -

To: Greg McDaniel who wrote (8838)	3/2/1999 8:15:00 PM
From: Pallisard	Respond to of 27311

Hello all, I've been having trouble with Exicte being down or too busy.?? I think the idea that this Roy Wright could be the candidate for the dual position of COO/CFO is very plausible. It would be welcome press at this point. My "drifting upward" forecast for this week is getting frayed. The stochastics are still in a cycle low, but I don't think they'll go lower, because the present price is sitting on the long uptrend line. My forecast may have been premature for this week, but if it holds here above 7 for a few days, then next week will find appreciation. The low volume spikes seems to be describing market makers and a few individuals, I'd say accumulation. I think the stock is a "buy" at these prices and I'm looking to scrounge up more greenery.