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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (3536)7/31/1998 1:38:00 AM
From: add  Read Replies (1) of 27311
 
Your analysis of the lines has been very informative and I greatly appreciate it.

My concerns with this stock is that they don't seem to have true control of the manufacturing line. For a mass producer, this is where the money is made, especially if competitors are selling identical products or close substitutes.

Is VLNC capable of cost-effectively ramping up production ? Can they even get one line going without a lot of scrap and down time ?

My second question is that given the advantages, why haven't we seen a sales announcement yet ? They have been shipping a lot of prototypes the last 6 months, yet no contract ?

If someone can give me good answers to these 2 questions, I might believe in this stock a little more.
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