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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: P. Ramamoorthy who wrote (25514)5/29/2002 2:16:37 PM
From: Jacques Tenzel  Read Replies (3) of 27311
 
Ram:
There is a distinct difference between entering into an OEM agreement with a company to produce batteries for Valence, and having a company be a licensee of the Valence phosphate technology to produce batteries to fulfill their own contracts. I would love to hear some discussion of the implications. I also would like to know if Valence already has the equipment aboard in N.I. to move from the 1 million wh/month capacity to the 5 million wh/month later on this year.
Perhaps these issues will also be discussed during the conference call.

....Jacques
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