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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Dennis V. who wrote (6984)1/12/1999 3:40:00 PM
From: Dennis V.   of 27311
 
My impression is that the LA Times article is a cover story intended to defuse speculation over the elapsing time between delivery of ULBI production batteries and PO announcement. It's possible that prospective customers are holding out until the tradeoffs between the ULBI product and competitors' products can be weighed. These tradeoffs may extend to unit cost, delivery schedules, design "friendliness" and technology. If ULBI's battery is of the first generation type, OEM's may decide to wait.
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