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

To: golden_tee who wrote (25517)	5/30/2002 12:49:54 AM
From: P. Ramamoorthy	Respond to of 27311

A few items I noted: (1) Stephan believes that within the next 5-10 years VLNC's large format Saphion product could replace the lead acid technology in the telecom sector, could compete for the automotive hybrid vehicle market, and could be a viable energy storage for the Utility Industry. (2) Stephan repeatedly states that their exhaustive literature search (patents and trade/technical journals) did not show anything better than the Saphion technology. I would assume that he joined VLNC after a careful search. If he is right, the future looks good. (3) He is currently focusing on the mobile computing market. He is aggressively engaging Tier I customers like IBM, Compaq, Dell, etc. with the the N-Charge product. Hope they get a PO or two before VLNC runs out of cash in the next 4-5 quarters; and achieve the cashflow breakeven point in FY 2003. Ram