| Zeev, I didn't post this to suggest an immediate move in the share price, simply that the demand side appears to be there. There were consistent rumors in the spring and summer from the VLNC camp that an Apple laptop order was imminent, and the quote from Lev at the conference call 6 months ago that a computer company CEO was calling him asking "can you produce these batteries?" That hands-on MO certainly sounds likes Jobs, and, interestingly enough, Jobs and Berg have known each other a long time. My hunch is that Apple was ready to go with the li-poly batteries, but didn't trust VLNC's production capabilities at the time. It was interesting to hear Lev's tone change in the conference call 3 months ago, when he said large-quantity laptop orders would have to await the new German manufacturing equipment, then due in December, now March. In any case, VLNC has to ramp production in NI of large format batteries to get its manufacturing revenue in place; when it has that capability, and when we read PRs of those orders, then the share price will move. Unless, of course, it has already moved because of a sweet licensing deal. And, just as obviously, the lack of such good news will put downward pressure on the share price. So it should remain an interesting stock for traders, and a speculative long-term bet for those of us so inclined. |
