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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Ray who wrote (6135)	12/20/1998 5:59:00 PM
From: P. Ramamoorthy	Read Replies (1) of 27311

Ray - Re.:"...High power, trouble free (no "memory" effect or other problems) rechargeables will increasingly supplant primary batteries due to the greatly reduced cost of operation of such things as flashlights. And, better secondary batteries are much needed in solar powered homes and motor/trailer homes, not to mention various electric vehicles..." Glad to see you mention "solar power". I was involved in project evaluations 5-6 years ago using lead-acid rechargeables to retain solar power for night use. The telecommunication industry has a huge need for them. The lead-acid battery weight was a negative factor for some applications. This is one of the reasons I kept an eye on lithium battery technology. As you say batteries have huge market (greater than $6Billions). As technology evolves, conventional systems will be substituted for efficiency and operating cost benefits. Ram

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