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

To: Rich Wolf who wrote (15921)	11/11/1999 12:17:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 27311

<<I told you at the time that the indications were that the company would be capable of putting out at close to that '$70-80M annual run rate' by late fall. Now, callers to the management are being told the same thing. I would look for confirmation of this during the call today.>> Well you did not get your confirmation. He said they need more equipment to achieve a $45 million run rate (which he said they could do quickly), but the $75 - $80 million run rate is expected by the end of next year.