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

To: Larry Brubaker who wrote (10894)	4/30/1999 1:33:00 AM
From: Rich Wolf	Read Replies (1) \| Respond to of 27311

Ol' "Last Word Larry" slips in the 'fraud' statement, while keeping it at arms' length. Or ARE you joining in that chorus, Larry? C'mon, get off the fence. Where are you? You know darn well that Lev likely had no knowledge that the method would not work at the factory scale, since it HAD worked successfully in the lab. So he took profits from the runup. That's not fraud. And he did it over a period of more than a year. So could any other investor. The 144s file the intent to sell prior to the sale. So these people could have chosen to follow him and sell, but they did not. They, and many of us, essentially 'gambled' that the process would work in the factory. Be careful of throwing the word 'fraud' around so cavalierly. It does not apply in this case. I think the far more numerous shareholders who chose to NOT partake in this frivolous, greedy lawsuit ought to have their voice more than equally weighted in this matter.