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

To: Jacques Tenzel who wrote (26207)	1/28/2004 9:46:16 AM
From: MGV	Read Replies (2) \| Respond to of 27311

"If it can execute in these next couple of months we should see a continual rise in stock price." Yes, and if pigs could fly.

To: Jacques Tenzel who wrote (26207)	1/30/2004 5:52:21 PM
From: John Curtis	Read Replies (1) \| Respond to of 27311

Jacque, et.al.: There is continued skepticism on the part of many that this omission is because the amount is trivial. This may indeed be the case! However another explanation is an attempt by the company to continue to operate "under the radar" until all their ducks are aligned. Continued skepticism is right, and for obvious reasons when you take a look at VLNC's 10 year history. And I seriously doubt management is forestalling any sales numbers/$$ release because of an attempt to stay low-key. If they had any numbers worthy of consideration I'm sure their PR would be singing like a canary from the highest tree tops (do canaries like tree-tops?). I'll allow that they said EVI purchased additional K-Charge systemS (plural). To bound the possible size, at least domestically, I believe someone over on YHOO mentioned EVI has sold something like 100 vehicles. Don't know the truth of that statement, but there ya go. Don't get me wrong. I'm cautiously optimistic regarding the progress VLNC has made. Management has been pursuing a game plan, albeit slowly. If there's any proof to what they've stated in earlier calls then the second half of 2004 could be mighty interesting. So I hold a large block in VLNC, with a nice cost basis, just in hopes of garnering a nice profit from this possibility It don't stop me, though, from intraday trading it (both short and long) for pleasure and profit. Well....mostly for profit. ;-) Yah gotta make your coinage however you can...I ain't playing this game for shytes and giggles. Ahem! Hope things are well with you Jacques... John~

To: Jacques Tenzel who wrote (26207)	2/11/2004 2:19:27 PM
From: P. Ramamoorthy	Read Replies (1) \| Respond to of 27311

Jacques, "...new EVI order for K-Charge batteries naturally did not include a dollar amount..." Even if they gave the dollar amount, as a retail investor I can not figure out how many cents it will boost to their earnings for the next quarter. What is more important to me was the implication in the announcement that EVI has been satisfied with VLNC product and has come back for more. A long history of excellent performance and customer satisfaction is important to the long term growth of VLNC. This company is still in an evolving stage: developing new products, finding new markets and partners to produce, developing sales channels, managing the "highly-leveraged" commercial production in China (ATL, Sinbon, FengFan, PETC) etc. Their balance sheet is also evolving. I would wait until they achieve the cash flow breakeven by the year end (2004) as promised, to figure out earnings, etc. The following news release right after 2-3 days of incredible volume (1-2Million shares) was more encouraging because the Gen II products were already in customer's hands for testing, which is consistent with the timeline given in earlier conference calls. Both Gen I and Gen II will go to different markets requiring different performance characteristics. We know so far: N Charge for external battery for PC (qualified by HP and Dell) and cell phone, Tablet PC (NEC), Telecom power systems (Tyco), Power backup systems for utilities (AEP), automobiles (USABC), EVI's trucks, unknown Japanese/European auto manufacturers, etc. Expect product releases at Demo 2004 or in this quarter: cylindrical cell, consistent with their statements in earlier calls (including a statement like "a power tool manufacturer is extremely in the cylindrical cells"). We'll hear more tomorrow. Good news should move the stock higher. In the 6-7 price the Riverview pfd shares have to be converted when the moving average price hits 6.38. Berg's last installment of $5Million was good for this quarter. Berg's $14Million offer (terms not defined yet) can last them two more quarters (April through September, 2004). I expect the October-December 2004 quarter should be cashflow breakeven. jmo. Ram Valence Delivers Samples of Second Generation Saphion Technology for Customer Evaluation AUSTIN, Texas--(BUSINESS WIRE)--Jan. 20, 2004--Valence Technology Inc. (Nasdaq:VLNC), a leader in the development and commercialization of Saphion(R) technology, the only safe large format Lithium-ion rechargeable battery technology, today announced that it has delivered samples of its second generation cylindrical Saphion Lithium-ion technology for customer evaluation. A primary feature of second generation Saphion Lithium-ion technology is its high rate capability, required for power applications in the consumer and vehicular markets. The superior cycle and service life characteristics of Valence's first generation Saphion technology are needed for large format energy applications such as utility and telecom back-up power systems. The performance features specific to each generation of Valence's Saphion technology, combined with the safety characteristics offered by both, significantly expand the market opportunity for Lithium-ion technology. "The recent publicity on safety issues related to traditional metal-oxide Lithium-ion technology has strengthened the position of our Saphion technology as the only safe large format Lithium-ion technology available today. As a result, the requests to evaluate it have increased over the past several months," stated Stephan Godevais, chairman and CEO of Valence Technology Inc. "Today's announcement is a significant step forward in the commercialization of our second generation Saphion technology, and we are very pleased with the progress we have made to date." Valence launched its Saphion Lithium-ion technology in the spring of 2002 and has since commercialized it in applications such as the N-Charge(tm) and K-Charge(tm) Power Systems. Research and development of company products continues with great success, marked by this latest advancement and the manufacturing of cylindrical cells, which began in December 2003.