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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Peter O. who wrote (20042)6/13/2000 9:06:00 AM
From: Dennis V.   of 27311
 
Peter, I agree with the general comments on patents, etc but would like to add one thing. If a company holds a fundamental process patent, such as the one lately claimed by VISX, the relative weight should be stepped to the top of the list as with the drug patents and their relative importance. Valence's patents are more of the "bracketing and clustering" kind as explained in a past CC. Meaning, I think, that they cover permutations and variations of implementing some fundamental concept or invention.
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