VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: P. Ramamoorthy who wrote (25647)	11/4/2002 8:34:09 PM
From: Tickertype	Read Replies (1) of 27311

Sounds like something that needed to be done. Considering their cash position (non-existent) I've been wondering why they keep 3 different facilities going. My guss is this outsourcing is connected to their efforts in the cylindrical design area. Stephan was supposed to have some news on that a month ago, so I expect we'll hear about it on the cc. If the new test samples were up to their expectations maybe they're getting ready to start cranking them out in Asia soon. - T -

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