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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: P. Ramamoorthy who wrote (25379)2/19/2002 5:10:49 PM
From: Jacques Tenzel  Read Replies (2) of 27311
 
Ram:
As per your notes:
In the conference call "Stephan mentioned that the memo of understanding with Wistron is for the product specifications required for the manufacture of a handheld computing device for a Wistron's customer. The customer information and the type of product are confidential. This is a design win Stephan wanted by January 2002."

The Valence quarterly report published today states:
"As of February 19, 2002, we had not entered into any agreements with original equipment manufacturers."

Are these statements at odds with each-other or is there a subtlety of words that I do not understand. I do not want to be strung along "Lev Style". A little honest communication with this company is long overdue.

......Jacques
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