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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: atticus4paws who wrote (12430)	6/28/1999 1:05:00 PM
From: Chuck Lehman	Respond to of 27311

A couple of items I noted: 1. 189 staff in NI with 61 temps and currently attempting to hire more. Temps work 3 months at that level and are hired full time or let go. Eventually expect to have 400 staff there. 2. Lev is in NI working with them to implement the GEN-II technology into production. This has hurt them somewhat in that major OEMs are focusing on GEN-II technology rather than investing efforts in incorporating batteries from current technology into their applications.