VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (2283)	2/21/1998 12:18:00 PM
From: Larry Brubaker	Read Replies (2) of 27311

<<The remaining equipment in NI has already produced good product at full speed with laminate produced by the smaller machine in Henderson. I was told that results with the large laminating machine have been good.>> FMK: This statement is at odds with what was said during the CC. They said they were having problems with scale-up. That is a considerably different statement than "already produced good product at full speed." Had they said that during the conference call, the stock would be at $8+, and probably pushing $10, rather than in the low $5 range. I hope you are right, and things are not as bad as they were portrayed during the conference call. Nothing personal, but I would like to hear the company make that statement in a PR.

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