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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: P. Ramamoorthy who wrote (21029)8/14/2000 10:59:46 AM
From: Dennis V.  Read Replies (2) of 27311
 
Hi Ram, the present order is incremental but it's significance goes beyond as you pointed out from the press release. The batteries are working, the first industry acceptance of this technology, a chemistry with the potential for far more than 500mah cell applications that others are trying to sell. The press release seems to say that they are ramping to meet OEM requirements based on a generic design but not bricks for Radio Shack. Sometimes this seems agonizingly slow, the naysayers like to play on this. Recognizing that this is a startup, transitioning to commercial production, I am willing to be patient.
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