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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: AlexSun who wrote (1357)	11/14/1997 9:03:00 AM
From: FMK	Read Replies (2) of 27311

Thanks Alex, last night I heard from 3 investors who were pleased to have aquired stock at 7 5/8 and 7 3/4. One reminded me of how ULBI went from $10 to $20 with promotion and contract announcements while their single solid-polymer line remains with the Florida equipment equipment vendor. He added that Valence could make 1000 batteries per day in Henderson Nevada if they were determined to rush to market! If I recall, it was over 8 months ago that Valence Engineers from Ireland were withnessing initial operation of their line 1 at the same Florida manufacturer's facility. Another believes we are well within the time frame for a contract. Regards, FMK

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