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

To: Larry Brubaker who wrote (1818)	12/24/1997 12:38:00 PM
From: Tickertype	Read Replies (2) \| Respond to of 27311

Everyone: As far as the additional financing goes, comments from the company in recent months seem to lean toward going for equity-based loans. With the NI plant, and all the equipment it now contains, I would think they are in a positon to raise the needed funds, at least enough to get production going. And produce they must, to show the ability to generate revenues and thereby the ability to service the loans. I think this is why Lev may now be accelerating the production start-up effort. The price of the stock should not be much of a negative factor if this is the plan. Happy Holidays! - T -