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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (87)2/12/1997 2:12:00 PM
From: Matthew Leo   of 27311
 
Conference call over - good news, bad news, nothing ugly

They still see production line up end of 1Q - but full production
delayed another quarter

The growing market described in previous releases is real and Vlnc believes they will sell all they produce into that market.

Seems like their were more and bigger Wall Street firms participating.

Analyst visit to Belfast is now in March

Some discussion on cobalt vs manganese ion - Vlnc set either way.

Hope this helps - other opinions?
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