SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Cohen who wrote (19776)5/17/2000 11:50:00 AM
From: Greg Growth  Read Replies (3) of 27311
 
Some notes to conference call:

Batteries to Qualcomm thru Moltech are well received. There was two companies providing batteries and one dropped out. VLNC is in talks with the parent of the other company.

Shipping preliminary batteries to two companies (one is a French mobile phone company thru Korea). Volume shipments to begin soon.

UL apporoval on Gen 1 battery with no internal/external safety devices. Gen 2 batteries are being submitted for approval.

One of the issues for large orders is that there is no second source for batteries. VLNC may license technology to competitors and has excess flim making capacity that they could supply. Their batteries are being supplied to competitors thru the repackagers.

Cash - May have enough to hold them over to full profitibility. It depends on banking relationship and sales.

No announcement of backlogs until June quarter. Some of the backlog includes PO that have not been announced yet. They should be able to meet Revenue expectations for the next quarter based on current backlog.

The above is a brief summary of some points during the conference call. It is still in progress and I missed some of it due to net congestion. I take no responsibilities for accuracy or spelling.

Sounds like good new to me so far.

Greg
(long on VLNC)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News