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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Chisy who wrote (18384)2/20/2000 1:03:00 AM
From: Tickertype  Read Replies (1) of 27311
 
Regarding foreign patents, as I recall Valence has 100+ of which some are issued and some pending. Patents must be sought in individual countries, and it would be prohibitive to try and cover all countries in the world. So I'd assume Valence has applied for the most important patents in those countries that would likely be of most concern to them.

The big question on all our minds is, of course, the one about additional PO's. In going over my meeting notes, one comment caught my attention. Lev said they have committed gen 1, 2, and 3 cells to customers now, but may not ship gen 1 as OEM's will want the higher capacity versions. And at this point they're running gen 2's in NI. If they've "committed to customers" it must mean that customers have asked for the product, which in turn means that Lev should be signing additional agreements whenever he feels he is ready to deliver. So the question is, how much volume can he handle at this point in time?

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