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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: MGV who wrote (21044)8/14/2000 9:31:51 PM
From: MGV  Read Replies (1) of 27311
 
"To date, our three existing purchase orders in commercial quantities are from two customers. We anticipate that sales of our products to a limited number of key customers will continue to account for a significant portion of our total revenues. We do not have long-term agreements with any of our customers, and do not expect to enter into any long-term agreements in the near future." (Emphasis supplied, VLNC 10Q).

More statements of fact.
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