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

To: Jacques Tenzel who wrote (25513)	5/29/2002 1:13:47 PM
From: P. Ramamoorthy	Read Replies (1) \| Respond to of 27311

Licensing additional manufacturing capacity implies that there will be a greater demand that will exceed the capacity of the NI plant. Assuming that VLNC has already met the target of 1 million wh/month capacity this June and will meet the ultimate capacity of 5 million wh/month for the NI plant by March 2003 (?), investors would like to know who is buying these batteries and for what applications. Can Stephan give us some information about this - today? Ram