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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Richard C. Reardon who wrote (1127)10/14/1997 9:03:00 PM
From: wm sharp   of 27311
 
Richard (and all)- Re your Q concerning UL approval time frame: approx. 60-90 days. (This from DA at the company.)

DA also clarified details of the Hanil discussion that occured at the shareholder's meeting. The first actual line is expected to be installed early '98, with a second line closely thereafter. Ireland production will precede Hanil. There is apparently construction underway at Hanil to accomodate the expected lines.

The company is standing by Q1 for Ireland production.
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