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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Robert Cohen who wrote (15995)11/12/1999 2:19:00 PM
From: mooter775  Read Replies (3) of 27311
 
My translation: "The market for lithium polymer batteries will grow faster than our ability to produce..."

That's okay, because it is more a reflection on the market dynamics than their ability to produce. Conversations with management indicate that they continue to feel that they are on track to have roughly $ 250 mm of capacity on stream by the end of 2000.
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