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

To: Peace who wrote (20744)	8/1/2000 6:01:43 PM
From: Rich Wolf	Read Replies (1) \| Respond to of 27311

Thanks, Peace, I was (not alone in!) looking for that. So, $2M of rev, and a buildup of inventory of $1.168M This says we should be seeing QCOM/G* handsets with Valence inside by now. It is also possible that some of the Valence production for this handset is for replacement batteries for previously shipped handsets (given the reported problems for earlier handsets containing cells from TDI/HET). Assuming that some of the revenue was from laminate sales etc. to Alliant, and assuming a modest ramp of 2x in production during the quarter, they're probably just hitting the $1M/month production to the QCOM/G* order about now (remember the 2-4 week delay between production and shipping, due to quarantine). This is the rate at which the Klockner is going round-the-clock (factoring in an average 65% yield rate for the ramp-up, based on Lev's comments at the CIBC conference) 5 days/week. We should be hearing about transition to the Arco line soon. Now about that conference call...

To: Peace who wrote (20744)	8/1/2000 6:28:33 PM
From: stantheman	Read Replies (1) \| Respond to of 27311

Seems that -0.27 was the estimate(in WSJ), so beat by .02.... huge FWIW! st

To: Peace who wrote (20744)	8/1/2000 7:55:48 PM
From: Chisy	Respond to of 27311

CC Reminder: Valence Technology, Inc. will broadcast its quarterly results conference call on Wednesday, August 2, 2000 at 11:00 AM Eastern. This call can be accessed at vcall.com. These events are available through Investor Broadcast Network's Vcall website, located at vcall.com. Listeners should go to the website at least fifteen minutes before these events to register, download, and install any necessary audio software. For those unable to attend the live broadcast, a replay will be available beginning approximately one hour after the event. There is no charge to access any event.