VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (888)	7/31/1997 12:55:00 AM
From: Tickertype	of 27311

Fred, with production samples now going to OEM's we can be sure the company has a high degree of confidence in the product at this point. They just could not afford to have any problems show up as a result of testing done by the OEM's. It is interesting, though, that these cell phone units will not be coming off the line for which they are being qualified (line 1) when they go into production. Will the cell phone units for production, coming off line 2, be put through the same acceptance procedure, or do you think OEM's will accept the line 1 results? It would now appear that laptop cells from line 1 and cell phone units from line 2 will probably enter the test phase simultaneously (more or less). We're entering exciting times! The OEM's should have adequate time to put plenty of cycles on the units they now have, before the next conference call in two months. Assuming no problems crop up (and I am a realist about this; therefore my anxiety level is definitely increasing now!) I would think old Calvin will be a lot more cheerful than last time. And if so, I hope all Valence investors have their portfolios in order because the buy-side activity will increase, to put it in moderate terms. Best Regards, - T -

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