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

To: add who wrote (22220)	11/10/2000 5:50:34 PM
From: Dennis V.	Respond to of 27311

Yes add, but Lev is close to signing a PDA order. He has the FABL flexible machine which is fairly powerful. One auto packaging machine is installed and another soon. Third in March. Sounds like he is ramping up. WAG is we will be hearing about more PO's within weeks.

To: add who wrote (22220)	11/10/2000 6:05:21 PM
From: Rashomon	Read Replies (2) \| Respond to of 27311

How many orders and how much production? I think VLNC has to build out at about the CIBC projected rate for credibility and demonstration purposes. If we're expanding into a potential $7B market, there is room for a large number of players. Achieving the CIBC goals, according to Lev's previous conference calls, shouldn't require much additional capital investment. VLNC needs to utilize the capital it's already spent and build batteries profitably. That'll be the best possible demonstration of the technology, and the best course for shareholders as well.