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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (955)8/12/1997 5:06:00 PM
From: David A Rush   of 27311
 
This telecon totally negated any positive effects from the Barron's article. As I listened to the comments, the one thing that I find appalling is the lack of urgency in conducting activities leading to production. The Italians are on vacation- no problem, just a month delay. 60-90 days to go through qualification testing- no problem, we'll wait until we have product from both lines rather than start testing some now. Talking to customers- yeah, we do a little of that. I hope that Valence monitors this forum, because somebody needs to light a fire under these guys.
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