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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Greg Smith who wrote (6155)12/21/1998 2:21:00 PM
From: Robert Cohen  Read Replies (2) of 27311
 
A few comments and questions regarding the latest filing. It seems that FRB was correct when they stated that no samples had been sent to OEM from the first line and that they would not receive samples until after the first of the year. Lev stated in the last CC that a 30 day quarantine period is required prior to samples leaving the plant. What is a reasonable time frame then for samples to be sent? How long after that would "extensive testing" take? Any idea why the 2 suits were not mentioned in previous CC? Looks like the market has questions as well.

Robert
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