VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Paul Dubsky who wrote (236)	4/22/1997 1:13:00 AM
From: FMK	of 27311

<Any news on the production status?> I spoke with the company today and learned they have concluded the product buildup problem between stations has been solved by the re-machined parts. They are now focusing on improving the laminations- solving anticipated problems. They still expect to be production qualified by the end of May and running regular 8-hr shifts by the end of June. Hiring of operators for the 2nd line should still begin mid-May and line 2 should be production qualified in August or September. As stated before, lines 3 and 4 should follow at approx 90 day intervals. Regards, FMK

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