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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: golden_tee who wrote (342)	3/19/1999 1:59:00 PM
From: Peter V	Respond to of 10293

Bill can answer better on this, but DTLN has been saying it was looking to be acquired for months and months, and that a deal was imminent, but now they admit that they have no buyer. So I suppose this reads into the press release a bit, but you didn't expect DTLN to say it like Bill, did you?

To: golden_tee who wrote (342)	3/19/1999 9:53:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 10293

The VLNC fraud: There is no further relationship between VLNC and Delphi VLNC stock touts have made much about a relationship between Delphi automotive and VLNC. Valence did have a joint research effort with Delphi, but it was recently terminated. VLNC does not receive any additional income from Delphi. In fact, the relationship was terminateed early (by Delphi) and the only thing left out of it is a worthless cross-licensing arrangement. The following excerpt comes from the 2/24/99 10-Q: <<<In May 1998, the Company and Delphi announced the completion of their collaboration on lithium polymer battery development. Delphi will retain a license to use Company-developed lithium polymer technology for vehicular and stationary load leveling / peak shaving applications. The Company will retain a license to use Delphi-developed lithium polymer technology in all other applications. After August 1998, the Company anticipates that it will receive no further payments as a result of the Joint Research and Development agreement with Delphi. As part of the early termination of the collaboration agreement, Delphi paid the Company $2.2 million. The Company has no future obligations under the termination agreement and has recorded the payment as a component of other income.>>> VLNC is fraudulently promoted and will eventually trade under 1 a share.