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

To: hcirteg who wrote (16229)	11/16/1999 7:56:00 PM
From: mooter775	Read Replies (1) \| Respond to of 27311

Gary, I'd like to clarify an earlier statement re size of next purchase order.... In my opinion the company is working on two or three quite large potential contracts, both directly and via Hanil. I also have the feeling that last Thursday's initial purchase contract announcement has 'shaken the tree' with OEMs a bit. So bottom line, I am not certain whether or not the next contract or contracts will be a very large order - perhaps the company will choose to close several smaller orders with several different OEMs in order to diversify its customer base. That would not be as spectacular, but it would probably be better business judgment. Whether or not any one of the next several orders is 'gigantic' or not is not as important as the ability of the company to fill up its existing (and expected) capacity as it comes on stream. This I think the company will succeed in doing.