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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (6475)12/30/1998 1:19:00 PM
From: FMK   of 27311
 
Zeev, It's very likely that Valence has already discussed and turned down OEM's offers based on testing and design already completed. IMO you should revise your best case scenereo to Jan 4, 1999 for a PO announcement. It should be fair to assume that an announcement is not likely over the holidays.

As you are probably aware, the company may have several cards they have not played yet, and a contract announcement will most likely occur without us knowing in advance. Considering the upward move that would occur after going from zero contracts for 8 years to a first major contract. Considering also that chances of failure are very low, it would be prudent to own some shares in advance because they are likely to get expensive very fast after a contract is announced.
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