VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (7645)	1/28/1999 11:56:00 AM
From: P. Ramamoorthy	Read Replies (4) of 27311

John - ULBI's management change is indicative of the intense competition, challenges in commercial production, and cash starvation. LITH's current price, according to LITH's admission in Barrons', is indicative of mainly cash starvation besides other technological challenges. VLNC has 133Million in losses and was cash starved until recently. VLNC somehow seems to have managed commercial production (to be confirmed official news release). Although Japanese companies issued news releases, VLNC has many patents these companies have to contend with. Japanese have good in manufacturing, but not in inventing. VLNC has a great opportunity here to capitalize on their inventions on a worldwide basis. May VLNC become another Coca Cola and dominate the Li Poly battery business? Ram

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