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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (12462)6/30/1999 11:31:00 AM
From: Greg Smith  Read Replies (3) of 27311
 
In your previous posts quoting the VLNC 10-K, you may have missed this excerpt:
"...the Company expects that customers will require an extensive qualification period once the customer receives its first commercial product off a production line. As of June 11, 1999, the Company has not provided any such commercial product to any potential customer, and therefore, has not started any formal product qualification period."
[last paragraph before the 10-K's Competition section -- page 8, I believe]
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