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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Paul Dubsky who wrote (522)6/10/1997 7:53:00 PM
From: Tickertype   of 27311
 
What do you all think, is there a possibility that Valence has been
stacking a fair amount of cells in their shipping area, ready to go?
After all, they have presumably been running the line a lot in recent
weeks, so what's happened to the product coming out the end? At about
2000 cells/hr x 8hrs x 5 days they could have been making about 80,000
per week. This would make it possible to deliver in some quantity right
from the start, when the first OEM agreement is concluded.

And then,why would the entire top management team have been in Ireland
last week? Could it be that they wanted to see, first hand, the line
running flawlessly, prior to announcing production start-up? It's a
press release that could have awsome consequences both positively if
all goes well, and negatively if there is even a small problem or
delay. I think an announcement may therefore be imminent.

Meanwhile, I would never have thought I'd be buying more at these
prices, but rumor has it that this stock may appreciate, and what with
the sale they had today (25 cents off per stub - first come first
served) I bagged me another thousand shares. Am I prone to doing weird
things or what? Why, there is the distinct possibility that the mutual
fund where these dollars previously resided may gain, say, about 20%
this year!
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