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

To: Rashomon who wrote (23184)	2/15/2001 11:02:02 AM
From: P. Ramamoorthy	Read Replies (1) \| Respond to of 27311

Listened to the CC. Although progress on many items were as expected, Lev gave clues to the future potential of VLNC. This is an important message to be communicated well to the investor community. For example, QCOM at $60Billion(?) market cap in a $2Billion market. Li Poly battery market at $8Billion and growing, VLNC owns 100% intellectual property on cobalt, manganese, and phosphates. Cobalt is now obsolete, Manganese will be obsolete next year, Phosphates (100% VLNC) will come out 171 different configurations. Commercial production and sampling of one PO4 variety will be in March-April, another PO4 later in the year. Sounded like VLNC might hit at least $70Million revenue target this year. More Later. Ram