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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Dennis V. who wrote (6797)1/6/1999 4:05:00 PM
From: kolo55  Read Replies (2) of 27311
 
Palm to use Li-poly

This is great news for Li-poly. I love this news.

Every market for Li-poly batteries is growing 25% or more, and landing 3Com's Palm business gives a huge inroad to the PDA segment. This should insure a 50+% market share for Li-poly in this segment by next year.

Furthermore, market penetrations of 20-30% in cellphones and notebooks seem more reasonable by next year. If Li-poly has such an advantage for PDAs, I guess the notebook/cellphone OEMs also see the obvious advantages of Li-poly.

Paul
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