VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Luckyman who wrote (143)	3/17/1997 8:39:00 PM
From: FMK	of 27311

Luckyman, I just spoke with the company regarding plant visits and current status. I was told that test runs now total about 2-3 hours/day and the process of fine-tuning is taking longer than anticipated. The company sees no major problems, but it will be at least 2-3 weeks before the first line is production qualified. The process is running consistently enough, however, to provide representative samples such that the company has begun its own testing program. The original plan was for continuous 8-hr runs to show visitors. It now appears that about half of the original group will make the trip next week to see production in its present mode. Others will wait for production qualification. I believe it remains a plus to have full-speed production to show visitors next week. It should remove some doubts as to whether the product can be mass produced. Regards, FMK

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