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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (1860)1/2/1998 4:34:00 PM
From: Emmo  Read Replies (1) of 27311
 
I have a problem with the time line a few have posted regarding the productions lines. If there have been lamination problems that have been resolved I don't see how they could complete testing of the fixed line product to meet the rumored production time frame. I have to assume that the finished product requires many hours (thousands) of testing of the charge and discharge cycles and stability of the product. For those with a memory, the early Li batteries (not by VLNC) had a nasty habit of turning into minature roman candles. So we are dealing with a VERY unstable element that requires many hours of testing before it can be released as a finished product. Remember, before these batteries gain wide market acceptance, they will have to beat current technology for power, recharging time, safety and shelf life. In other words they have to be "perfect". Any failure of product once they sell in quanity will be like pouring salt on a snail.Yea, all the blue sky numbers sound good by this company has a lot of credibility problems right now with me and I will feel real lucky just to get back to break even after the recent price action. This is a real long shot but I am willing to sit on this bomb a while longer
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