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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (6137)	12/20/1998 6:18:00 PM
From: P. Ramamoorthy	Read Replies (1) of 27311

FMK - Re.:"...growth rates for Asia and some lesser developed regions for cellphones could accelerate due to the absence of copper and fiber optic systems over large geographic areas. The availability of telephones is no longer limited to having wiring in place to connect..." It has more to do with real estate being available for installation than "economic development". Even if they have the land, when countries implement technology they are well-informed to seek new technology ie. the fiber optics, etc., not copper lines. With Motorola's Iridium (Satellite communications) and VSAT (GM-Hughes), etc. cell phones are more common in those countries (Singapore, Malaysia, India, Korea, West Africa, etc.) than certain European countries or Russia. Another perspective of the globe! Ram

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