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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: P. Ramamoorthy who wrote (25685)11/17/2002 8:00:35 PM
From: Tickertype  Read Replies (1) of 27311
 
You make some good points, Ram. I'm always disappointed in the questions we get on the cc's, or I should say the lack of good questions. For example, I'd like to know if they did achieve the 5 mm whr/month goal they had for last summer. Nobody asked and Stephan didn't say.

I also wonder how things are going with the two other Asian licensees who were gearing up to produce smaller format stacked batteries, not including Fengfan I mean. And I'd sure like to have the Hanil situation cleared up once and for all, meaning are they still intending to produce batteries or have they closed their doors as some posted rumors claim?

As for the stock remaining listed, I heard recently on the news that Nasdaq was considering lowering the stock price requirement to something below $1, apparently because so many stocks have now been delisted that the Naz is in danger of becoming extinct (I'm exaggerating a little of course, but I believe about 40% of the Nasdaq listed stocks have now dropped off the index). But if Valence gets just one decent PO from a tier 1 customer, this isn't likely to be a concern anymore.

- T -
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