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

To: barrcuda who wrote (1623)	12/9/1997 3:09:00 PM
From: wm sharp	Respond to of 27311

Dave - Thanks for the link. I'm sure all this is not eluding VLNC management, and I'm cautiously optimistic that Lev Dawson still holds that large block of shares (1,000,000 at last count.) As I see it, this press release is further evidence for the legitimacy of the solid polymer technology. ULBI doesn't begin to have the capacity to meet growing OEM demand on their own. Valence has paid more dues than anyone developing this technology, defending against a meritless lawsuit (now dismissed), and preparing for production. I'm confident they're not sitting on their hands at this most critical point when the technology is about to break out. But, the market reflects the uncertainty you point out, and ULBI has the press releases to minimize that uncertainty.