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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: hcirteg who wrote (3813)8/19/1998 8:51:00 AM
From: FMK  Read Replies (1) of 27311
 
Heirteg, I recall the statement that he said he could not "negotiate" with 14 or more customers simultaneously. He clarified by saying he was discussing prices, delivery schedules, terms and conditions with some of the 14 or 15. He added that it is probably more than that now.

Thanks for reminder on new patents. On that subject I remember him saying that they had spent almost nine years developing and finding ways to mass produce this product. As they solved problems, they were careful along the way to patent their solutions. Because of this, Lev said he would expect that any competitor attempting to bring a similar product to market would have trouble not stepping on one of these patents!

It appears the company has taken steps consistent with becoming the dominant player in this industry.

Regards, FMK
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