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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Tickertype who wrote (11888)6/6/1999 5:32:00 PM
From: FMK  Read Replies (1) of 27311
 
Ticker, Re: <<I assume any large-scale production will be done by Alliant.>>

My understanding is that Alliant is not set up for the volume and/or that due to the shape and size, it was decided that Valence would manufacture the batteries for them. Such an arrangement should allow Valence to keep more than the normal 50% of the profits.
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