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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Mark Johnson who wrote (13728)8/14/1999 11:06:00 AM
From: John Curtis  Read Replies (1) of 27311
 
Well, ultimately it all comes down to VLNC becoming a commercial enterprise. And to me, based on all the recent information that's been provided by management, this is the thing they're well on their way to becoming. VLNC is about to enter my personal speculative stock category of "put it away and look at it one year from now".

Going forward there's really not much need to monitor it as closely as I have, because most of the hurdles have been overcome and it's now up to management to do the one thing which appears left, and that is to close a deal with a OEM and announce this fact to the world. When that's done, into the one year from now drawer goes this equity and I'll be outta here and on to other enticing plays that are even now commanding my close attention. Although I'm sure VLNC's stock valuation will be higher one year out, I ain't expecting any kind of meteoric, internet style launching. It'll most likely be slow and steady, kind'a sort'a matching its on-going commercial production ramp-up. But slow and steady isn't a bad thing, not a bad thing at all.

Now....about that OEM p.o.......

John~
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