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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Gordon Quickstad who wrote (447)5/26/1997 3:17:00 PM
From: John Curtis   of 27311
 
Gordon: I, too, am considering grabbing some more. I particularly like
this statement I found at the site you mentioned:

In general, batteries are a commodity business, with only small profit
margins for technology-mature battery products. But there are times
during the business cycle of a new technology such as Li-Ion batteries,
when the potential for a large return on only a small capital investment
is extremely attractive.

-----
I like the part about times during the business cycle. Could be that VLNC
matches that particular characteristic at this point in time? That's my
bet!!

See ya in the market!! John~
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