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

To: I. N. Vester who wrote (12451)	6/28/1999 7:26:00 PM
From: Mark Johnson	Respond to of 27311

<<I am more confident than ever that the shorts and net bullshitters can blow smoke up their asses all they want, but they cannot make the US Government approved Valence batteries disappear!>>> Bravo...Well put!! US GOVERMENT APPROVED... Remember Brubaker said they didn't have any product..Hah, better tell Alliant and Hanil that Valence doesn't have any product. Heck, I don't mind seeing the Valence battery in a Samsung device before an IBM laptop. Patience, Patience...and oh yeah..don't invest more than you can afford to lose.. Blow it up your @#%*# MGV....

To: I. N. Vester who wrote (12451)	6/28/1999 7:39:00 PM
From: Rich Wolf	Respond to of 27311

INVestor, You remembered right. I believe the context of the statements you referred to were in response to questions from Hugh Covington about R+D expenses: first, did they include equipment and materials, and when will those costs drop? Answer to first was yes. Answer to second was that in 1Q00 and 2Q00 there will still be payments towards equipment, but 'we've been paying as we go, and we're 80% paid for as of now,' so that by 3Q00 the revenues would generate profit, even if all they had were Hanil and Alliant (or something to that effect).