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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: wm sharp who wrote (2950)5/20/1998 10:22:00 PM
From: Larry Brubaker  Read Replies (2) of 27311
 
Bill: I was speaking in reference to point 5 of the conference call synopsis, which states VLNC expects to support customer needs for high volume production early next year.

I didn't listen to the call myself, but I found this to be the most important thing said.

My perspective is that companies invariably put the best spin possible on the situation, so I tend to look at announcements with a critical eye. Thus, my take is they can produce a good product by hand, but have yet to demonstrate they can produce at volume. Thus, no contracts.

Bill, do you agree with point 5 of the synopsis as posted here?
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