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

To: Hugo H. Hennings who wrote (16027)	11/12/1999 3:11:00 PM
From: mooter775	Respond to of 27311

Hugo, I think the time period reflects (1) the time for additional tooling, including order and installation of the tooling equipment, since I think this particular order is of a 'non-standard' size, and (2) sufficient time to allow for burn in and testing, since Dawson clearly indicated that the last thing he wanted was to deliver 500,000 faulty batteries to anyone... Parenthetically, I think it reasonable to assume that this particular OEM would agree to pay for tooling costs and expect that only $ 2.0 mm of product would be delivered. So I think we will likely see a number of follow-on orders with this customer not only on this product, but also on other products, if the product delivered by Valence meets specs.