VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: kolo55 who wrote (15877)	11/10/1999 8:33:00 PM
From: add	Read Replies (1) of 27311

From the 10-Q We have produced prototype and production quality products that we believe have performance characteristics that are suitable for a broad market. However, additional development will be required to enable us to consistently produce battery systems with these characteristics. The Company presently has a limited quantity of products available for sale. Good news and bad. We have production quality and limited quantity for sale. Thats the good news. Why aren't the lines up to full speed,yet ? This has been the cause of delay since the Feb stockholders meeting. I hope someone really drills LEV on the production capacity/quality issues. I feel like there is a disconnect between the SEC filings and what is said in the CCs. It always seems that production is ready, but SEC filings always seem to indicate just another step to go. Looking back, all the sales to Alliant and Hanil amounted to about $500K over the last 4-5 months. Anyone care to go back and speculate on the pricing per meter of laminate ? Paul?

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