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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tmoore who wrote (4226)9/16/1998 9:17:00 PM
From: Mark Johnson  Read Replies (1) of 27311
 
"Motorola is changing the world of telecommunications with the first truly global, digital communications system".

Motorola will be unveiling a new cellphone soon, named "Iridium" to be used with their new global communications system. Rumor has it (which I heard from two different sources) they will be using a Lithium Ion Polymer Battery. It is well known Valence has had a long standing relationship with Motorola (and at one time a $100 million dollar contract) and has been sampling batteries from the production line for several months now.. Maybe some of todays volume can be attributed to impending news. The new phone is to be released in the next few months.

Good Luck to all Valence longs!
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