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


To: Zeev Hed who wrote (9927)3/27/1999 5:40:00 PM
From: Herb Blair  Read Replies (1) | Respond to of 27311
 
Those are good warning,Zeev. Could you post them tomorrow too-- I know you aren't biased-- so maybe you could post them every day.



To: Zeev Hed who wrote (9927)3/27/1999 6:35:00 PM
From: Mark Johnson  Read Replies (1) | Respond to of 27311
 
Before the shareholders meeting I sent a private email to Zeev requesting a list of questions from him to ask at the meeting. He never responded. Too bad, that is probably an indication of his real motives which is to bash this good company. He doesn't really want to hear what the Officers have to say. He would rather lump Valence into a pile with other R&D companies who have gone down the tubes. Valence has been at this for ten years and it looks like that work is about to pay off.

FRB and Lev have both stated that financing is not a problem. Who should we believe FRB and Lev... or Zeev and Larry.

Zeev has educated this thread on the risks of floorless financing. If he is right and the issues raised prove to be the demise of Valence he can pat himself on the back and say I told you so. On the flip side he may have scared or bullied a lot investors into dropping their candy for that you can also thank Zeev.



To: Zeev Hed who wrote (9927)3/28/1999 3:41:00 PM
From: I. N. Vester  Read Replies (1) | Respond to of 27311
 
>>Last time CC was generous and voided the floorless feature

What was their interest in voiding the floorless feature
on the Class A shares? If no material order was available
by 1/27 they could have gone into 'death spiral mode' long
ago.

Why do you think they kept an unhedged long position on
1.25 M shares? Most recent Registration statements show
that they still own all of the preferred A.

Seems like strange behavior for a 'floorless bandit'.