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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Bill Holton who wrote (2891)5/19/1998 4:40:00 PM
From: DKR  Read Replies (1) of 27311
 
To GM this story is minute to VLNC gargantuan (perhaps, but you get my point). I wouldn't get too excited about a separate announcement, I think a joint statement is sufficient.

Hang in for another day we should get more info tomorrow. I am guessing they will announce the ability to produce in volume and will identify a date beyond June 30 for production, and I highly doubt a contract would be announced. I do expect comment on either debt or equity financing, particularly if the Delphi money has dried up...
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