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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Use Solar NRG who wrote (1160)10/15/1997 9:11:00 AM
From: geep   of 27311
 
Just read an article in Fortune, 10-27 issue, on battery technologies.
( page 240)
The last tech. covered is litium/polymer. The article states that
3M is working on the technology with a $60.4 mm grant from USABC
(U.S. Energy Dept., Argonne Natl. Lab.).
The article also states "clearly it will be several years before lithium/polymer batteries reach the market"
The article is very positive on the technology but the timing statement seems to contradict what I am hearing re. Valence.
Did the writer not do his homework? I hope this is the case as
I have accumulated VLNC over past 2 years based on more optomistic timing.
Any comments or observations please?
Good luck to all.
Thanks
geep
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