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

To: mooter775 who wrote (1470)	12/1/1997 8:10:00 AM
From: mooter775	Read Replies (1) \| Respond to of 27311

I received a couple of emails offline regarding earlier comments that I made concerning production/contracts/announcements by 2/15/98. Some people reported to have had either discussions with company personnel or heard indications elsewhere about major announcements or a major announcement in December. I too have heard such a rumor, but have not been able to confirm it. What I meant to post earlier, was that the continued progress on line 3, which I believe can be transferred to line 2, indicates a strong probability of Q1 production - which the company has continued to maintain is very likely. If that is then the case, then 2/15/98 would seem to be a reasonable, very conservative date for announcing some kind of OEM contract still consistent with Q1 production.