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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (3993)8/29/1998 4:53:00 AM
From: Javelyn Bjoli  Read Replies (2) of 27311
 
Small article (press release) in the Sept/Oct issue of Battery Power Products & Technology:

Valence Technology Prepares for Volume Production of Rechargeable Lithium Polymer Batteries
Valence Technology, Inc. has announced that it is satisfied with the design of its rechargeable battery and is working toward producing it in volume. Presently, the performance of the lithium polymer batteries meets or exceeds the specifications negotiated with the company's potential customers. The company is simultaneously working on startup volume production in Northern Ireland.

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This is the first time I've seen anything on record from VLNC in an industry rag in longer than I can remember. It feels a lot like ULBI's coming out party last year with the Mitsubishi notebook, and we all know how far that got them, but VLNC is starting to seem like they might be for real.
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