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

To: jean1057 who wrote (17241)	12/23/1999 8:02:00 PM
From: Rich Wolf	Read Replies (1) \| Respond to of 27311

Hi Jean-Claude, your comments are both illuminating and confirming. Expected the ramp-up could be partly funded through cash-flow, so the $32M/10months plus the partial delivery of IDB monies fills in the rest. re: Hanil, had expected true production to commence after CYQ1, as you noted, given they would want to continue operating equipment and testing product, and fine-tuning and fixing new 'bugs' for a quarter or more before committing to any POs. After all, even though Valence knows how to make it work, every instantiation of the setup has the potential to produce something 'interesting' to figure out, so they will not want to rush it. So, on schedule. Confirmation of 2 week quarantine in NI is useful information. This together with the additional storage 'cages' you refer to would easily eliminate that as a bottleneck concern up to the $80M run rate, I think. As Mooter noted, the current private placement would not have taken place unless the financiers' DD had indicated other revenue streams about to commence. I anticipate a steady stream of PO announcements the next few months, on into summer. Many thanks to all the long-term longs who held steadfast in the face of Castle Creek, and to the newer investors, 'Welcome aboard!' The ride is only beginning. Predictions of stock price for the next year or two are very difficult. The company has predicted quite a ramp in revenue as they expand capacity, and that will be occurring simultaneous with the final packaged products finally hitting the streets in quantity... so who can say what Momentum may bring, the second half of 2001? In the meantime, I see much more upside than downside, and am sitting tight. Thanks to all who contributed their time and energy to provide the thread with the information needed to make the rewarding speculative investments. And a very warm thanks to FMK ... may the New Year bestow great blessings upon you. Happy holidays to all from a road (and -weary) warrior.... Regards, Rich

To: jean1057 who wrote (17241)	12/23/1999 8:05:00 PM
From: Dennis V.	Respond to of 27311

Thanks Jean Claude, the price sounds excellent. We may need to check on the capacity; amp hrs maybe, or possibly missing a digit. Sounds like you're living the life.

To: jean1057 who wrote (17241)	12/23/1999 9:40:00 PM
From: Pallisard	Read Replies (1) \| Respond to of 27311

Thanks J.C. for the summary. Certainly appreciate your efforts and time to share with us; everything sounds like it's on track for Valence. Good luck on the tables, hope you make another big win. Happy holiday. Pallisard

To: jean1057 who wrote (17241)	12/24/1999 10:09:00 AM
From: John Curtis	Respond to of 27311

J.C., et.al.: Thanks for the information! So Hanil's going to be coming on line sooner, eh? This is good news. Man-o-man, VLNC exec's must be happier than a pig in ahem. What they're now facing is one of the very rare times in a business persons life. Basically having a product in high demand, and a clear field to sell it into. It's the football equivalent of having a truck size hole open up in your front line, and your opponents defensive secondary caught flat-footed and out of position as you, the fullback, move through at top speed. In other words, now's the time to go, go, GO!! Talk with clients, show your product, get those purchase orders, expand your capabilities, and grab as much territory as you can before the opposition can react. In other words..rock the competition way back on its heels. Make it so it'll take them a year or more to even get their legs back under them. 'Course...this is merely my opinion, I could be wrong. ;-) As for Qualcom...yah...good company. VERY good company. However, a wee tad pricey at current levels(I continue to buy them on pullbacks though). Other threadsters are right, too. They wanted to concentrate on their major profit areas, and that's their CDMA chipset(s). The chipset business area is over a Billion dollar revenue producer for them, and it's only gonna get bigger, trust me on this one. Heh! However, the selling of their handset division ain't all that clean-cut. Apparently QCOM employees will still be manufacturing the devices...although it'll be ostensibly for the Asian firm. So it goes.... Hey, JC, you're celebrating X-mas in Vegas? Hmmmm..do folks decorate cactus or sumthing for the holidays? ;-) Anyway, happy holidays to you and yours! Thanks again for the feedback! John~