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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: FMK who wrote (274)4/29/1997 11:04:00 AM
From: Matthew Leo   of 27311
 
FMK - The reason for the cobalt post was to confirm the growing demand for these high tech batteries. If you recall, I posted:
1) Sony and others expanding capacity,
2) a special $14,00 report being published
3) And now we see increased demand at the raw material level. (Incidentally, the war in Zaire could become a factor in cobalt supply.)

All paths lead to the same conclusion - these batteries in high demand and demand growing.

Concerning Valence and cobalt batteries, I recall Cal Reed saying that it is an option they may use. That was the beauty of this line, changing is easy.

How close do you think we are to buyers placing orders?

Regards, Matt
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