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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: ken carney who wrote (12341)6/24/1999 11:16:00 AM
From: Chuck Lehman  Read Replies (2) of 27311
 
Ken,

I wasn't trying to say it would be bad news on Monday. I was just attempting to lower expectations regarding revenue in the financials. There should be plenty of good news coming in the CC. I think we will hear that VLNC is in "Commercial" production and that additional money from the IDB is now available to provide cash flow as they proceed with meeting OEM "program" requirements.

Chuck
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