VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Greg McDaniel who wrote (2395)	3/11/1998 2:16:00 PM
From: Dennis	Read Replies (1) of 27311

Greg: If I remember correctly, LD said that they could finance their needs by using the NI facility if they wanted to. I'm still confused as to why they aren't doing that if, in fact, they can run the facility or one of the lines at 50% of capacity. It sure makes sense to be the first kid on the block even if they can't fulfill all the needs of one OEM. I bet that's what they will come out with in their next press release! But it is nice to buy in at these levels...I first got in in '92, I believe, at 19.50 & rode it down to 11 before selling. A month or two more doesn't really matter as we all know that the technology works & the demand is astronomical. Dennis

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