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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Robert Cohen who wrote (18323)2/16/2000 2:53:00 PM
From: john t. brice  Read Replies (4) of 27311
 
DR. Robert: You happen to be one of the ones I neglected to mention in an earlier post, it was a pleasure to meet you as well. I think I might add to your discussion of Gen's I, II, and III. Lev clarified that Gen I is a cobalt based recipe I believe, that the company really no longer produces. Gen II is a manganese mixture that is now in production. Gen III has been assumed to be phosphate recipe but Lev says that they now one or two new possibilities that may well replace phosphates in the order of their appearance. So, it would appear that the VLNC stable is continuing to grow. On my tour of the plant I asked if the employees were now getting financially independent enough that they might be losing some of the "fire in the belly". The reply was "no, I think we still have a lot of drive to finish our goals.......... besides, Lev won't let us sell any of our shares". duckster

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