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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (12424)	6/28/1999 12:46:00 PM
From: atticus4paws	Read Replies (2) of 27311

All, I just wanted to mention a few interesting things Lev mentioned in the call. 1. Orders from both Hanil and Alliant surprised Lev in size. The comment seemed to be spontaneous enough to indicate it's genuine. 2. Lev alluded to business practice in S.Korea as being favorable to Hanil getting deals with customers quickly. 3. Lev said Alliant is actively pursuing retrofiting existing military battery solutions with Valence's li-poly. 4. Energizer situation was disappointing, but currently working itself out with customers. 5. Valence is pursuing its owned branded batteries. Something I hadn't heard mentioned before. 6. New financing to be announced (likely) within a month. 7. Amount of announce contracts being witheld for competitive reasons. I guess competitors could estimate battery pricing based on material and cost. 8. Valence is struggling to meet demand from Alliant right now. I think that's what I heard. Anyone else hear that?? These are just a few things that were discussed. I get the impression that operations are on track. Apologies if someone has already posted this info. Chris

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