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

To: drbailey who wrote (22313)	11/14/2000 8:39:55 PM
From: P. Ramamoorthy	Respond to of 27311

Re.: "...Valence has proven this is a very expensive technology to obtain..." Yes! About $250 Million or so. About 5 times - paid for Telcordia patent portfolio of about $45-50 Million. Let us not forget those complaints or arguments in 1998 about VLNC running out of cash or flooless financing or bankruptcy. Now longs should be able to see where Lev was going or trying to go with the technology. Re.:"...hasten the flow of licensing agreements by demonstrating that its technology..." VLNC has already demonstrated to Bellcore/Telcordia. They tested everything themselves, made batteries from films obtained from the NI plant, got a third party to test NI plant batteries, etc. before they decided to sell their patent portfolio to VLNC. (Re. Nov 10 conf call) My opinion, substantial capital investments already made (based on Telcordia patents) by some licensees is just sitting there, abandoned, idle, or whatever. These companies would jump at the earliest chance to make their cap investments to work for them and their shareholders. VLNC has a captive licensee audience. I would jump if I had invested in a technology that did not work. jmo. Ram