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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: bigcue who wrote (2507)3/26/1998 9:26:00 PM
From: wm sharp  Read Replies (2) of 27311
 
After speaking with someone at Financial Relations Board yesterday,
(Betsy Truax) I'm inclined to conclude the following:

The company is now clearly stating, through their public relations people, that they are on track re the "initial production in calendar Q1" statements in the February 18 press release. As we are now at the end of Q1, I consider this sufficient confirmation. Though I'd very much welcome a press release in the next few days, I will not be expecting one. I'll await further news of calendar Q2 progress.
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