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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Mitchell Jones who wrote (700)7/1/1997 4:48:00 PM
From: John Curtis   of 27311
 
Yep, I'd say you're right regarding "product quality." Meanwhile, any
speculation regarding a new base trading range? Maybe where we're at right
now is it, ie. $7 and change. Although I'm confident 1998 is gonna be a
breakthru year for VLNC we've still more ups and downs ahead, mostly revolving
around testing the product. Still, I've gotta say I admire FMK's willingess
to think of lot's higher valuations by year-end. Maybe so....maybe not.....
Time will tell, to use a much overused statement, time will tell.

See ya!! John~
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