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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: FMK who wrote (6301)12/26/1998 11:33:00 PM
From: Larry Brubaker  Read Replies (3) of 27311
 
Fred: I'm more concerned about the timetable for line 1. I'm glad your understanding is that line 1 and line 2 have been production qualified. You obviously have access to a source of information who is willing to go far beyond what the company says in any of its press releases, conference calls, or SEC filings.

By any chance, is this the same source who told you over a year ago that several lines were providing production samples to OEMs? Is this the same source who assured you over and over that production was on target for late 97 and then first quarter 98? Is this the same source who you relied on when you estimated a 99% chance of a contract last fall?

Or do you now have a new source who is feeding your material?
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