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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (2041)2/6/1998 9:04:00 AM
From: MHS  Read Replies (1) of 27311
 
I had my broker's research dept. call Bettsy at the Financial Releations Board (sorry forgot her last name).

She said that they have not announced any new OEM contracts.

She also said that they did not expect to announce anything on production until the last 2 weeks of the quarter.

I interpret that to mean that the conference call will yield little new information. And that we will have to wait until the end of the Q to learn if production is on track.

mhs
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