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

To: add who wrote (11289)	5/22/1999 1:31:00 AM
From: Larry Brubaker	Respond to of 27311

<<The unsubstantiated view is that the delay is in response to the old stockholder suit, by delaying a contract could be announce, the price rises, the secondary is offered, therefore the suit very little merit and can be settled with little cost.>> Add, I doubt a contract announcement in 1999 would have any bearing on a lawsuit filed in 1994. <<I've owned stock where the price has dropped 50% over a few weeks without any reason and then the news is announced. I got left holding the bag.>> Sounds like when VLNC fell from $10 to $5 in the fall of 1997. Of course our inside sources on this thread were telling us at the time production was on track for first quarter '98.