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

To: add who wrote (15883)	11/10/1999 8:53:00 PM
From: add	Respond to of 27311

More analysis from the 10-Q: VLNC invested $2M this quarter in plant and equipment. It seems that VLNC has continued to invest heavily in assembly. My recollection was that they would be getting more packaging and conditioning equipment and adding more laminating capability. They did add a lot to the laminating portion given total investment, but not very much packaging equipment. to the nearest $10K: Item Total Invested Invest this quarter Mix,Laminate 2590K 450K Assembly 10380K 1430K Package/cond. 890K 30K Other 740K 20K As per the other statements in the filing, it still looks like they are trying to get the assembly worked out.