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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: tmoney who wrote (14034)8/30/1999 8:54:00 PM
From: P. Ramamoorthy  Read Replies (1) of 27311
 
tmoney,
Re.:"...we still maintain a large position and remain very nervous..."
The current price (slide) trend is perhaps indicative of the anxiety. Ralston Purina was mentioned in last week's Barron's (8/23) and their decision to spin off the Energizer division which could happen in the first qtr of 2000 - the writer was guessing. That leaves Hanil in Korea as the most probable venture to generate sales in the short term. According to tickertype's tape recording, there was no clue to any sales contract in the last conference call. Ram
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