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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Gordon Quickstad who wrote (4489)10/23/1998 7:32:00 AM
From: Dennis V.   of 27311
 
Hi Gordon: The patent for electrically conductive adhesion promoters
caught my eye as well. Also, the method for controlling dendrite formation was interesting. I suspect that Valence has not given up on
the "holy grail" of using lithium metal electrodes. Its very intriguing that the time lag between application and patent issuance is about two years or more. My guess is that there is about three years worth of development work out there that is not reflected by the company page. In other words, to varying degrees, the company could be
much farther down the development road than current generation. Lev's
last CC seems to be alluding to this. I'm becoming more convinced that
he's not just blowing smoke.

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