VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (1784)	12/24/1997 3:10:00 AM
From: mooter775	Read Replies (1) of 27311

I've been overseas to London since 12/17 and haven't had a chance to post or have any more direct or indirect contacts with the company until recently. It is my understanding that the lines have never been working better, and that includes the coating and laminating equipment as well as the assembly line. It is my further understanding that the "resignation" of Bill Masuda was more a result of Lev Dawson and the BoD wanting to get some production going sooner rather than continue tweaking the lines. Despite the stock action, which has been poor, I remain confident not only of Q1 contracts, but Q1 production and am staying with my position.

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