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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Jay Lowe who wrote (3020)5/26/1998 12:21:00 AM
From: mooter775  Read Replies (2) of 27311
 
I think what LD said was that two OEMs had seen and evaluated the batteries supplied at the end of Q1, according to the announced schedule in the Feb conference. My understanding is that the improved battery versions have already been sent/are being sent out to OEMs for evaluations. They may take 90 days, or several months or whatever. Or this date may buy the company additonal time to fine tune the fully-automated production lines in Ireland.

I wish I or somebody else had asked the question in the conference call regarding just how good thes new improved version of the laptop batteries are - I had substantially > 300 recharges and 8-10 hours of run time. No verification on these data, however.

But I would be surprised if we didn't hear of at least one OEM contract by 6/30 and additionql ones by early fall.....
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