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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: john t. brice who wrote (7786)2/2/1999 10:45:00 AM
From: FMK  Read Replies (2) of 27311
 
An encouraging note- I was told there were developments in place that should be material enough to require an announcement. If they are in the category of joint venture or customer developments, releasing of news would not be controlled by Valence, nor would FRB have any knowledge of it.

I have heard from more than one source that production in Ireland is at least 1 shift per day on two lines and increasing. Inventory should be building for volume shipments to customers. As I understand it, when Valence and the customer(s) are ready, a PO will be issued, if not already, and we will hear about the first shipment under terms of the PO. If we wait for such news, the stock may cost $15. Again, I estimate the chance of failure at less than 0.1% and we are getting ever closer to news we have been waiting so long for.

Is Valence not the best "pure play" for Li Polymer, if not the best play period?
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