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

To: Tickertype who wrote (24207)	5/9/2001 5:00:32 PM
From: ikonoklast53	Read Replies (2) \| Respond to of 27311

Re: Phosphate license? From John Curtis's CC notes posted Nov 9th, 2000... Message 14765591 <<...Lev then went on to state that VLNC is licensing their materials providers (of which there are 2) so they can hustle their materials to the larger battery community. He then went on to discuss their advances in the phosphate category. VLNC is now scaling up their own phosphate (which is a very safe material with costs in the $12/kilo range which they plan on driving down to the $2/$3 range) production and expect to begin licensing it soon. 1st gen of phosphate has energy densities equal to cobalt, with 2nd gen "significantly" better. Additionally, VLNC is looking to build new facilities for film production, and these will "probably be in Asia." Indeed, Lev is slated to be traveling through Asia in two weeks. Bottom line is with production costs coming down he expects they could penetrate down to the "hand tool" level.>>