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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: hcirteg who wrote (25263)1/28/2002 1:22:24 PM
From: Jacques Tenzel  Read Replies (1) of 27311
 
Also the shorts continue to slowly cover which may also be responsible for the slight increase in activity. January 15 figures are again down. Short interest is at 4,262,230 shares, down 289,123 with 14.74 days to cover. I don't think there is any indication the the Valence battery has yet found its' way into the marketplace even in the manganese rendition and certainly not with the phosphate technology. So far we have not seen concrete results in the way of products or licensees. The Palm I'm afraid is probably a far off fantasy.

..................Jacques
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