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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Bob Childers who wrote (12359)6/24/1999 3:54:00 PM
From: William Epstein  Read Replies (2) of 27311
 
John Curtis:

You realize that these are still test orders not real production orders. I am getting more optimistic though, about Korea. However, from the tiny evidence we have, I don't think we are near large production orders yet. Maybe, later this year. It looks like my guess about VLNC focusing their marketing strategy on the Far East was pretty good. The success of that strategy now depends upon Hanil and how strong their contacts are. However, it looks good. Let's hope they can move some Asian companies to commit. This is going to take some time yet.
Bill
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