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

To: Rich Wolf who wrote (10884)	4/29/1999 11:17:00 PM
From: hcirteg	Read Replies (1) \| Respond to of 27311

All longs- Consider this: By the time this suit hits the courts, the stock price will be well past 20...making the plaintifs look kind of silly for ever selling. HC

To: Rich Wolf who wrote (10884)	4/30/1999 12:45:00 AM
From: Larry Brubaker	Read Replies (4) \| Respond to of 27311

<<The lawsuit had no merit back then, and it does not now.>> Obviously the plaintiffs disagree with this opinion. My guess is that the following chart and table is a pretty good indication of why this suit persists. Note that insiders sold millions of shares, pocketing 10's of millions of profits just before the roof caved in in 1994. tscn.com What I find to be totally amazing is that after pocketing millions in profits, when Lev rejoined the company last year, the company lent him the money to buy back some of those shares at a small fraction of the price he sold them for. This from a company that needs all the money it can get.