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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Robert Cohen who wrote (19582)	5/9/2000 9:54:00 AM
From: geep	Read Replies (1) of 27311

Thanks Robert * 11-11-99 announcement stated "This order, which represents approximately three months of customer requirements , is for over $2.0 million , including engineering setup charges. Further orders from Moltech will be based on performance and customer demand" * 02-28-00 VLNC announces they are beginning commercial shipments of lipoly batteries to this order. I guess the customer is satisfied with the batteries - read: "follow - on order".

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