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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: J. M. Burr who wrote (11870)6/6/1999 10:13:00 AM
From: Greg McDaniel  Read Replies (2) of 27311
 
Alliant Techsystems has an $8MM contract to provide prototype. If that is successful and the goverment signs the go ahead contract then Alliant Techsystems is expected to receive at least $500MM for the contract. Source: Olde Discount analysis of Alliant Techsystems; published 1qtr 1999. Valence would supply Alliant with the batteries.
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