VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Gordon Quickstad who wrote (419)	5/21/1997 1:51:00 PM
From: Paul Dubsky	of 27311

Re: >>FMK - Your posts are far apart lately. Are you off to the "next thing"?>> I can't speak for FMK, but I would bet that there is no "next thing" for him. He knows battery tech and has done extensive DD on VLNC and appears to be a Don Wolanchuck holder (meaning he's in until $50+, as am I). No doubt there's profit taking. A $4 run in 3 days! I expected it to come earlier but, am pleased that it seems to be holding above $9. Very bullish if it holds. Heavy, heavy, heavy volume and only down less than $1 after a $4 run up. Looks positive to me. Referencing VLNCs work with Eveready, as I recall in their 10K, this venture is on hold until Eveready agrees to license the Bellcore technology that VLNC licensed. Since the Bellcore license is not "transferable", then they are not allowed to use it under the JV. I would "assume" that when VLNC gets a battery out in the market that Eveready will sign on and allow the JV to proceed. But, this is only my take on things. The Alliant JV must be encouraging since VLNC specifically mentioned that relationship in their "response" to our discussion forums. Looking for $12 by the end of the week.

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