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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Yuan Xiang who wrote (1)4/30/1996 12:04:00 AM
From: Tom Genna   of 27311
 
Yuan, after my original post on Valence Dan Dorfman commented on this company citing pretty much everything that I believe was common knowlerdge about the status of their product development. As far as I know they may be close to a prototype which would be acceptable to and OEM but that still would put them off into 1997 before they ever got into production. When I spoke to the company in February their comments were not encouraging nor was their assesment of Delphi's progress using Valence's technology to develop a lithium car battery. Maybe the stock took a pop based on someone's knowledge that Dorfman was going to tout it!?

Still looking,
Tom g.
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