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

To: Mark Johnson who wrote (10980)	5/2/1999 2:13:00 PM
From: Larry Brubaker	Respond to of 27311

<<What are you alluding to?>> I'm not alluding to anything, the facts speak for themselves. However, I would conclude that Lev Dawson has set himself up to retire a wealthy man regardless of whether VLNC establishes itself as a "dominant" battery manufacturer or whether it goes bankrupt. There was a lot of ballyhoo on this thread last fall when insiders bought a few shares of stock. We now know that in Lev Dawson's case, the total of his purchases last fall was a mere pittance in comparison to the $34 million + that he has already realized from the sale of VLNC stock. It provides some context concerning the amount of the previous profits that Lev is willing to bet on VLNC's success. If everyone on this thread had such a (relatively) small stake in this company, I would guess we wouldn't see the rancor that we see from the likes of you.