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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: I. N. Vester who wrote (6882)1/8/1999 4:30:00 PM
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I agree that the market is large enough for a number of players. However, the later the contract comes in the more likely that Valence will not be the BIG winner. If the had produced viable batteries a year ago, they would have had a monopoly. Can you imagine the amount of loot !!!

Now, it seems like that won't be happening. Valence may share the market with a few others. That's very profitable for us also. If by the end of the year no contract is announced, Valence will not survive or the current stockholders will get massively diluted.

So each day a contract does not come in, is a day that the shareholders are losing some value. It is very important at this stage that someone bring a product to market first or soon after the first announcement.
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