Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tickertype who wrote (24161)	5/8/2001 7:00:37 AM
From: Chisy	Respond to of 27311

Tickertype: What great news! Thanks! Chisy

To: Tickertype who wrote (24161)	5/8/2001 8:26:49 AM
From: hcirteg	Read Replies (2) \| Respond to of 27311

THIS NEWS IS GREAT! My whole problem over the last few years was Lev's stated concern's over customers who were reluctant to use Li-poly due to the fact very few could do it. Today's $1/2 million, the second in a month, has put two heavyweights in the business... I see this as huge valdiation of the future and I am so damn thrilled right now that I can't write! So I am done! Congrats to Lev and the team for what I believe to be the start of a huge run for us now. Let the move up begin in earnest! HC PS I would not be surprised here to see CIBC come in and issue an interim very positive report. Also, I think other analysts will step in now too. :)

To: Tickertype who wrote (24161)	5/8/2001 5:06:42 PM
From: P. Ramamoorthy	Read Replies (2) \| Respond to of 27311

Tickertype, Thanks for the news release. It is not totally a surprise because the VLNC chart has been showing signs of some positive development. It was a matter of time to see the proof in the form of a news release. (The news provides an excuse for the expected uptrend to 10-12.5.) Secondly, the Samsung license is not a surprise either, since Lev had already mentioned during a conf call from Korea about positive meetings with Samsung. The surprise factor for me was how fast VLNC and Samsung came to an agreement. Lawyers could have taken much more time. 4 to 6% of net revenues in the amount of ca. $500K per quarter as royalty is being indicated by Lev. $2 Million per year. It would be nice to check if the projected income would include raw material sales. My understanding was that raw materials sales were to be handled by VLNC suppliers and that VLNC would get a percentage of sales to VLNC licensees as royalty, besides VLNC laminate sales to OEM's. Samsung has technology, manufacturing know-how, lots of capital, and a big share of the electronics market (cell phone, PDA's, whatever). They can use most of the batteries in their own electronics products. It is interesting to see the news release as Dell is recalling laptop PC's due to battery failure. (Dell is laying off 4000 more people.) Looking forward to the conf call and a good earnings report from VLNC. VLNC has got Taiwan, India, China, Malaysia, and Korea. Who is next? Ram