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

To: Bill Wexler who wrote (10823)	4/28/1999 9:37:00 PM
From: Mark Johnson	Respond to of 27311

Bill: Keep polluting and keep shorting. It's OK by me I'm here for the long haul. The higher the short interest the more bullish I become. I have very strong reasons for owning the stock. If you are shorting I think you are quite reckless with your funds, besides I don't short stocks there is something about betting on a loser I just don't like. I bet mingling with the group from your dog-pound would be a harrowing experience in real life... a bunch of angry pessimists.. No thanks.. I don't wish you Luck!

To: Bill Wexler who wrote (10823)	4/28/1999 11:18:00 PM
From: chester lee	Read Replies (2) \| Respond to of 27311

<<Valence files $50 million shelf - the "bucks to assure worldwide dominance". So let me get this straight: the company has not delivered a product or meaningful revenue since inception. All of it's R&D deals have been terminated. It has flipped over key executives several times and has lost its CTO.>> Bill, One might interprete this to mean that, VLNC has gotten it's R&D done and complete. They are cleaning the management house to change over from R&D to manufacturing. They have also worked out financing to do the manufacturing thing. making this transition would be the natural progression of a world class player. IMO, VLNC isn't a world class player. I should have added to my short position yesterday and today, but I hesitated since I could not account for the spike up. chester