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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Dennis V. who wrote (7431)1/24/1999 11:11:00 AM
From: Pronichev  Read Replies (2) of 27311
 
From the Baron's article, Jan 25th, by Jaye Scholl: "In an interview, Dawson recently predicted that his 'highly automated' plant near Belfast, Northern Ireland, would be shipping commercial volumes of batteries in two quarters." What interview? with Scholl? Who did Lev tell this to? If he told it to someone publicly it is a gross departure from all his previous legally hedged statments. On another question: could you please comment on MOT Myszka's statement from the Baron's article: "To be realistic, the technology is not there yet. The dollars per what hour are still two times more expensive than existing batteries" I thought FMK's and your posts demonstrate that this is clearly untrue and that the costs in dollars per watt hours is competitive with lith ion.
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