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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Mark Johnson who wrote (15766)	11/6/1999 8:34:00 PM
From: Larry Brubaker	Read Replies (1) of 27311

<<Shoot, I think Valence thought they'd be in production a long time ago.>> Don't think so, Mark. VLNC's SEC filings say they do not expect Hanil to make significant shipments within FY 2000. <<I'll take the recent Hanil announcement at face value...you take take whatever spin you like.>> That's fine, Mark. I'll wait until I see revenue from the JV hitting VLNC's income statement before I get too excited. By the way, remember the first time you were misled by an announcement of "production" from Korea? Maybe this will help. Message 4618792 Looks like I've caught you in another lie, Mark. You claimed previous announcements by Hanil did not say they were ready to begin production. When in fact, your very own post not only says Hanil announced they would begin production by July 1998, but they would be doing $100 million worth of production.

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