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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: FMK who wrote (1307)11/9/1997 5:55:00 PM
From: webpilot  Read Replies (1) of 27311
 
FMK, I don't know the answers. Reading through the resumes of their top level management and their extensive background in actual manufacturing, I would think that they would have anticipated any potential problem. Perhaps the problem was with the computer. It was described as a preproduction model. That could mean anything. As a stockholder I would be more interested in when this problem occured. If it happened months ago, I am sure the problem has been rectified, and the comments in the article would be meaningless. I have tried on many occasions to try to pry information regarding the lithium polymers from ULBI. Under no circumstance do you have any chance to gain anything from them. They are absolutely closed mouthed. As it should be. Very tight security indeed. In complete contrast to the loose lips over at Mitsubishi as quoted in the PC Weekly article that I read. I didn't think that the Mitsubishi corporate culture did business that way. They have nothing to gain by making such statements and will only tarnish their image. Why upset your strategic partners by making damaging statements to third parties such as trade magazines or anyone else. It just doesn't make any sense whatsoever. Large, successful corporations just don't do business this way.
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