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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Gordon Quickstad who wrote (342)5/15/1997 8:23:00 PM
From: DaWentz   of 27311
 
To Gordon, Paul, Matthew et al: talked to VALENCE today,

The head of investor relations, David Archibald, was helpful. I needed the latest annual report. He also verified that production was on schedule. He said the target date was still end of June, if no problems (which is only smart to add at this stage)

I was calling to find out who makes a market in this stock. He said as of now, Meyer/Schweitzer (or Schwab) and Montgomery.

I also found out that as of now there are 85 people employed in Henderson and about 50 in Ireland. Mr. Archibald claims to have no
knowledge of events here on SI. (which is also smart.) In fact, I was impressed that someone in his position did as little "smoke blowing" as he did. VALENCE is really being careful to lead with facts and let the investment world come to its own conclusions.

You all probably have this info already but thought I'd relay the call anyway.

Best

DaWentz
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