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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Paul Dubsky who wrote (111)3/5/1997 11:05:00 PM
From: FMK   of 27311
 
During a conversation with a VLNC engineering manager I learned that over twenty Irish engineers were in the U.S. for a duration of 3-4 months to learn the technology and manufacturing techniques.

Short of pre-assembling the production line and test running it in Nevada, the group spent time with equipment manufacurers at their plants. To me, this suggests that they are serious about manufacturing product and are taking a major league approach.

As of today, there are no known reasons for delaying analyst's visits.

An attendee of Dave Archibald's presentation yesterday in Pasedena was very impressed and expects that at least some of the over 30 attendees would take a position in the stock. Regards, FMK
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