VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: webpilot who wrote (1577)	12/8/1997 5:55:00 AM
From: Javelyn Bjoli	Read Replies (1) of 27311

I don't recall seeing any commentary so far on the 11/26/97 "Batteries" issue of CTSL (Calif. Tech Stock Letter, of Michael Murphy fame) so far. 2.5 pages of basic explanation of batteries, leading diffusely to a point that engine starting is a $12B market, while the electronics & medical (notebooks & cellular) is only $1.6B. He does not make a specific recommendation, but does say he is watching BOLD for a buy opportunity. LITH is barely mentioned, ULBI is only noted for non-rechargeables, but at least VLNC got a mention of polymer for notebooks/phones and the Delco work on starter batteries. In the tone of the article, which spends most of its time on lead acid & vehicles, it's a relative win. CTSL sponsors the land speed record holding electric car, which runs on (guess what) lead acid. So while I am excited beyond description that VLNC (et al) has finally bubbled up to written mention in one of the leading tech-stock newsletters, I can't exactly report a glowing buy recommendation. Murphy's picks have been pretty sour this year, maybe it's just as well.

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