VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Paul Dubsky who wrote (572)	6/24/1997 8:36:00 AM
From: John Curtis	of 27311

Anyone care to comment on this 5/31/97 Morningstar report that was posted on AOL? In reading a stock report on VLNC dated 5/31/97 I was disturbed to read the last paragraph.The report comes from Morningstar. Presently, the company has completed the basic research for its batteries and has manufactured limited quantities of working prototypes, but will postpone its mass manufacturing plans until it completes further research and development activities. I find this very disturbing considering everyone on this board has been waiting for the lines to start producing! This statement says they are no where near production!!!!!!!!!!! Clarify if you can! (this was posted by a person named Rob) ------ Yep, although I'm bullish on the company, plan to listen to the conference call and will post a summary here, this is a tad disturbing. How valid it is I don't know, but I'm sure it'll come up(hopefully) during the call. Meanwhile, anyone have any comments? See ya in the market!! John~

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