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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Tickertype who wrote (1303)11/8/1997 8:24:00 PM
From: Larry Brubaker   of 27311
 
I went back and looked again at the Red Chip article. I think I may have missed the significance of a very important sentence in the report. It says: "We believe battery performance is at a level where VLNC should have no problem meeting customer specifications."

It goes on to say that the remaining large risk is whether VLNC can achieve commercial production at good yields.

So, VLNC was able to convince the Red Chip analyst that the product meets customer specifications. Which, given the PC week article, appears to differentiate VLNC from ULBI.
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