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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: P. Ramamoorthy who wrote (19803)5/18/2000 3:08:00 AM
From: Tickertype  Read Replies (1) of 27311
 
Good summary, Ram. Incidentally, the cc is still available for replay on VCall.

It sounds like things are moving quite rapidly now on the licensing front. Among other things, Lev said they're getting ready to license their powders to competitors, and will be making film available to the general polymer battery industry at prices below what anyone else's cost would be.

I was also intrigued by the comment that some re-packagers such as Micro Power out of Portland, OR, are receiving cells and making batteries, including 4 X 4's, with control electronics, which they supply to all comers. Apparently these serve some fringe applications which Valence does not want to deal with directly at this point, but could amount to fairly good volume in Lev's view. Maybe these are some of the backlog orders that haven't been announced due to uncertainties regarding their eventual size, etc.

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