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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Paul Dubsky who wrote (269)4/25/1997 3:57:00 PM
From: FMK   of 27311
 
Yesterday I was told by someone who had spoken with the company that all identified problems for line 1 are now solved, including:

1-Stacking problem
2-Laminate problem
3-Moisture problem

I have been waiting to speak directly with the company myself to confirm this, but have confirmed it indirectly by learning that a VLNC manager was not to leave the plant until these problems were solved.

He left Ireland yesterday.

Regards, FMK
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