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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: webpilot who wrote (5647)11/27/1998 5:49:00 PM
From: Tickertype  Read Replies (1) of 27311
 
Web, like others, I don't connect the recent runup with the situation vis-a-vis line 2.

Although it's never been confirmed to my satisfaction, some have said that line 2 had undergone a fair amount of testing in NI and then been shipped back to Arcotronics for modifications. Some have also been under the impression that once the line was running satisfactorily in Italy, there would be no need for extensive new testing in NI. True, neither line may yet be up to their potential speeds, but they may be running satisfactorily at some level. My comment about analysts seeing batteries coming off both lines were not meant to imply that they'd be running at maximum capacity, but that they at least would be running.

The comparison with ULBI's experience may or may not be valid, as the state of readiness of the line is a function of how far it was developed at the manufacturer's end. As for shipping, I thought UPS goes everywhere now, even Mallusk! Seriously though, that line can surely be crated and put on a semi, then driven through the "chunnel" to the UK and onto a ferry to NI without much delay. Trucks cross Europe these days like they do the US. I'd guess less than a week on the road. But hey, if someone has more precise information, I'd be pleased to hear it.

It's Lev's comments about the line being in NI before Dec 1 that leads me to conclude that it is probably there by now. They'll need some time to get it bolted down and test run, and I think they'll want to have product going down the line for the visual affect it creates.

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