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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: David Maginnis who wrote (477)5/30/1997 3:51:00 AM
From: Gordon Quickstad   of 27311
 
Thanks for the news on VLNC's web page. I liked the powerpoint presentation - finally saw a picture of their initial product! The charts they included forecast some tremendous demand for lithium ion cells in the upcoming years.

Next, I hope to see some deals posted. The manufacturing capacity is crucial to an OEM. First, they don't like to single source a component. Look at what the fire in that Japanese factory that made the chip bonding glue did to memory prices a few years ago. Any supply shortage in batteries would limit the number of units an OEM could sell, if they commit to a battery technology. Having the batteries made in Korea and Northern Ireland will be a plus.
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