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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Sig who wrote (14913)9/28/1999 6:11:00 PM
From: kolo55  Read Replies (3) of 27311
 
I just got off the phone with the president of Moltech.

He could only answer a few questions for me, since he was about to go to an employee meeting. First, I congratulated him on the impending EPS purchase, and he thanked me.

First question: Do you plan to continue to repackage batteries with Li -ion and NiMH chemistries as EPS currently does?

Answer: "Yes. Our new technology batteries are at least a year away from commercialization, and we plan to continue to operate EPS's existing battery repackaging business."

Second question: Are you planning to continue with EPS's plans to introduce and repackage Lithium polymer batteries?

Answer: "Yes."

He essentially gave me the impression that its business as usual for EPS for the time being.

Sorry I couldn't ask more questions, but he was really nice to talk to me at all on such a busy day.

Paul
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