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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: gvander who wrote (6114)12/19/1998 1:36:00 PM
From: Dennis V.  Read Replies (1) of 27311
 
Hi Jay, thanks for your excellent effort. When weighting market share, you may want to consider the Korea offset. The top priority in Korean commerce is to conserve currency. One of the driving factors behind the changeover to lith poly is to avoid having to continue to buy batteries from Japan or other foreign countries. When batteries from Hanil become available in commercial quantities there is no doubt that the changeover by Korean electronics OEMs will be well underway. I expect that by mid year 2000 Hanil will be selling as many batteries as they can produce.
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