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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tom Genna who wrote ()12/14/1996 12:04:00 AM
From: Al Calcagno   of 27311
 
I talked to the CFO at Valence this week to see where they were as far as shipping some product. He said they had not released any specifics other than that they are still planning on having some prototype production first quarter of calendar 1997. The products would be for cellular phones and PC,s.

I have held this stock for a year and a half at an average price of 4 1/2. I am hoping next year will be the year this one takes off.

Comments and information more than welcome.

AC
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