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

To: Bob Childers who wrote (9609)	3/20/1999 10:11:00 PM
From: Larry Brubaker	Respond to of 27311

One more post and I'll give it a rest for a while. Bob asks: "Is there a point at which VLNC, repeating these warnings, becomes a SEC issue for mis-leading readers to undervalue company?" This is exactly my gripe if the internet hype turns out to be more accurate than the company filings. I sold in November when I saw red flags raised during the conference call. Those red flags being Lev's avoidance of the question of whether they were providing samples to customers, and Lev's refusal to acknowledge an understanding of the potential floorless conversion (prior to Castle Creek agreeing to waive this right on the first tranche). I'd like to have sufficient reason to buy again, but internet hype doesn't cut it for me. It would be nice for the company to officially acknowledge they are providing commercial samples to OEM's, if, in fact, they are. Since they don't acknowledge this, I assume it is not true, internet statements to the contrary. Therefore, I will wait until such an acknowledgement, or until I see the terms of the next financing, and reconsider at that time.