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


To: Pallisard who wrote (19578)5/9/2000 8:44:00 AM
From: Dennis V.  Read Replies (1) | Respond to of 27311
 
NEWS
biz.yahoo.com



To: Pallisard who wrote (19578)5/9/2000 8:46:00 AM
From: geep  Read Replies (3) | Respond to of 27311
 
Follow Up Order...
Just read today's PR re. follow up order to October's order from Moltech. Looks like the Model 25A batteries will be moving to a high speed line to make room for high speed wireless data transmission device batteries.
A couple of key points (IMO)...
* OEM customer is paying associated engineering costs for this move.
* New order almost doubles existing order.
* The phrase " In response to industry demand" re. 25A batteries.
Looks very positive to me. Only question I have re. CYA statement " This PO is conditioned upon negotiation of a formal contract and other customary conditions " I would be more concerned with this on an initial order. A follow up order....??? Any thoughts?
GEEP