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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: mooter775 who wrote (1320)11/10/1997 4:45:00 PM
From: wm sharp  Read Replies (3) of 27311
 
Folks! Some news we've been awaiting...

The remainder of the lawsuit has been dismissed:
biz.yahoo.com

IMO, the resolution of this issue helps to clear the way for a whole category of potential new developments, such as joint ventures, alliances, financial arrangements, etc. This uncertainty is removed for any potential business partners.
Also, we might find that the company is a bit less pressured to take an overcautious stance in public (e.g. You can count me in on this week's conference call!)
We'll see...
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