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

To: Robert Cohen who wrote (9773)	3/24/1999 4:52:00 PM
From: Pallisard	Respond to of 27311

Robert, once some conversion takes place, CC then possesses some quantity of common stock, the sale of which is then governed by the rules of the contract. So the answer to your question, IMO, is no.

To: Robert Cohen who wrote (9773)	3/24/1999 4:54:00 PM
From: mooter775	Read Replies (1) \| Respond to of 27311

I think the statement means that CC has the listed restrictions as long as the price of the common is < $ 12.00/sh, but that no restrictions whatsoever apply if and when the stock is > $ 12.00/sh.