VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (573)	6/24/1997 8:58:00 AM
From: Matthew Leo	of 27311

John - The following is exactly what Morningstar says. And it's all true - there's nothing new. The problem is the Moringstar sketch doesn't say enough, no real details or update. Having read Mornimgstar reports for years - these sketches rarely change and are updated long after the fact. I'll stick with my last post - Not to worry. <<Valence develops advanced rechargeable batteries based upon lithium and polymer technologies. The company believes that its lithium-polymer batteries will offer performance characteristics superior to those of conventional batteries currently in commercial use. 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.>>

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