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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Vitus who wrote (421)5/21/1997 9:40:00 PM
From: Richard M. Jimmink   of 27311
 
Many have been in and out of Valence over the past four years. This is the first time we have seen a real breakout in the stock. Will it hold.??? Time and the market will direct us. There are competitors
in the battery technology. There will also be key technical breakouts.
Each of us can look to Valence as having a large percentage of the a
billion dollar market over the next five years. They are addressing the legal aspects, as other tech companies have. No company can prevent the legal beagles, if projects do not meet the hype.!!!!
Using OEM's for the marketing interface, will be a plus and the facility in Ireland was set-up for production. The R&D efforts are in Henderson, NV.

The next three months will be interesting and hopefully upward.

Dick Jimmink
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