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

To: add who wrote (13742)	8/15/1999 12:21:00 PM
From: Mark Johnson	Read Replies (1) \| Respond to of 27311

Thanks add for your un-biased reporting of Valences outlook (forward looking statements). I say unbiased because I remember at the shareholder meeting you mentioned you were attentive to Brubakers/Noways posts and lately you've asked Larry for forward looking analysis rather than rearview confirmation. I'm glad that Lev finally said, publically, that financing wasn't the premier issue in defining Valences future as some naysayers would have us believe. Nor are yields a problem which Lev cofirmed months ago. Another non-issue one of the naysayers continue to pound on. What I find comforting is it seems some of the daytraders interest in Valence has diminished leaving us with a more stable issue not subject to hype and anti-hype. Zeev was hoping to jump in and out of Valence via the conference call anticipation and it didn't happen this time. Therefore, the disingenuous element has been muzzled. I'm looking for a steady rise as our company matures into a fully operating stalwart in the international rechargeable battery market.

To: add who wrote (13742)	8/15/1999 4:15:00 PM
From: I. N. Vester	Read Replies (1) \| Respond to of 27311

I wonder what CC will do if we go back above $6. I think we could get back above $6 if we get any confirmation that the rumors of insider buying turn out to be true. In that case, CC would have a few days to convert at about a 10% premium to the $6 fixed price (based on 6 days at an average closing price of about $.5 which will be established after another 2 days at this price). Who can tell what they will do. Maybe they will chose to hold on hoping to get a lower conversion price, or because they want to hold for the additional 1.5 years it would take them to earn 10% interest, or simply to preserve downside protection. A sure 10% gain might be hard to pass up, though. If the price does go back above $6, and they do convert to capture the extra 10%, I wonder what the rest of the short interest will do.

To: add who wrote (13742)	8/16/1999 9:18:00 AM
From: P. Ramamoorthy	Read Replies (2) \| Respond to of 27311

add, Thanks for the research on interest and taxes. I wish VLNC would reveal information on yield and unit production cost. Until they do, we can only speculate. Given that: (1) VLNC has blocked the sale of the improved machinery to others and (2) VLNC is in no hurry to license their technology, may be, the next 2 years' LiPoly battery production will be theirs, as Lev seems to "indicate"? If so, how VLNC would price its products (profit margin) or how OEM's value LiPoly battery for their products - laptop pc's, cell phones, PDA's, etc. Before we check out the "supply side", I like to check the "demand side" first. VLNC and OEMs need to confirm consumers' acceptance of LiPoly batteries. We may know soon how well LiPoly batteries being received by the market. Do consumers care whether its LiPoly or Li ion or whatever? (As a consumer, I am not happy with Sony's Li ion batteries.) Is there room for OEM's charging premium for the LiPoly battery's specific advantages of longer time between recharges, light weight and formability, safety, etc. How this premium will work out in terms of $/w-hr? Reconcile this premium component with VLNC "selling" price of $2 to 2.5/w-hr that Lev often quotes. VLNC, Hanil, and OEMs perhaps have most of this information. I wish they discuss these issues at the next CC. On the supply side, would VLNC let us know their NI plant's breakeven production rate? Ram