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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (5671)11/29/1998 8:07:00 PM
From: Dennis V.  Read Replies (1) of 27311
 
FMK
>There is already a consensus<...a majority maybe, consensus, no. Getting a consensus around here would be difficult IMO. The army contract piques my interest. Despite the jokes and cliches thrown at the govt. procurement people, if, in fact, the US Govt. has purchased the Alliant battery, their product must be state of the art. Indeed, I had heard, some years ago, while still with a govt. agency, that the rifle, which was only on the drawing boards, would use electronic sights and electrically primed ammunition. This is serious stuff, and anybody who wins the contract for the power source is probably on the leading edge. Its possible that the low bid got it, but with an item as hot as the military's new rifle, chances are the lead engineer would try to convince the procurement officer to buy the best product even if they had to go "sole source".
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