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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: gvander who wrote (8398)2/16/1999 12:33:00 AM
From: Rich Wolf  Read Replies (1) of 27311
 
Gvander, are you referring to the Financial Times article posted over the weekend, about the company in the UK buying up 30% of the cobalt supplies? As Lev pointed out at the meeting a week ago, 'our product is made of materials (manganese) that are cheap and abundant, whereas our competitors' are made of materials (cobalt) that have more limited supply and sourcing.' Seems like our CEO hit the nail on the head, a week before the FT article.
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