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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Jacques Tenzel who wrote (25950)3/5/2003 10:37:58 AM
From: Jacques Tenzel  Read Replies (1) of 27311
 
My first reaction to the announcement of Sinbon Electronics was rather "ho-hum" since it was yet again another report of collaboration where the payoff would probably be significantly in the future and contribute little to the present bottom line.

On second blush however it looks to me that yesterday's announcement of Sinbon Electronics manufacturing the Saphion batteries represents the "second sourcing" that was such a critical issue in obtaining a major contract. I notice that Sinbon will manufacture the Saphion battery at their Taiwan facility which certainly suggests easy access to Wistron. So maybe indeed this will have some ramifications in the near term as well.

..........Jacques
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