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

To: P. Ramamoorthy who wrote (13451)	7/30/1999 1:35:00 PM
From: mooter775	Read Replies (1) \| Respond to of 27311

I just this morning had an opportunity to read the posting by log1020's visit. It matches very well my own visit to NI several months ago, and, although the comments were stated to be from Roy Wright, they complement earlier evaluation and comments made by LD. It may be helpful to note that the "handwork" being done on the laptop batteries is being done in lieu of a fully-automated packaging machine recently sent to and installed in the Hanil jv. LD indicated that this would fully-automate the laptop battery machine, but it was more prudent to install, debug, and perfect the machine at one location before ordering additional machines for a second (NI) location. The guesses as to timing which log1020 also implied in his posting via his discussion with RW seem plausible to me as well. One other comment: JeanClaude did indeed visit the facility in March as he indicated, and while he may have lightened his > 6 figure position somewhat for his family memebers, I would expect he is still long the stock in a substantial way. And I would doubt that he is a short seller, as someone implied.