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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Paul Dubsky who wrote (179)4/4/1997 3:00:00 PM
From: Matthew Leo   of 27311
 
Hi Paul - last week or so, when the Belfast trips were hot news, I spoke with Vlnc exec.. He said auto batteries were a long ways off and not a Valence priority.

He said margins are low and competition high in auto batteries. For now, Valence will be concentrating on consumer electronics only.

<<The key is to start getting production going so that they can get revenues>> Agreed.

Regards, Matt
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