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


To: Paul Dubsky who wrote (2036)2/5/1998 11:42:00 PM
From: Tickertype  Read Replies (1) | Respond to of 27311
 
All: Here's a post from AOL today. If his timetable is correct, I'll need more than just a small bottle of Valium!

Subject: Re: Conference Call info.
Date: Thursday, February 5, 1998 12:32 EST
From: NLubus

Message-id:

We did have a person with extensive manufacturing expertise go to the plant in Mollusk, No Ireland....He was very impressed with a very up to date plant of 85,000 Sq.Ft. He did admit that it is just as difficult to get the machines to pump out the batteries as it is to develop one....Management told me two years ago that production will begin 'within six months" then again several times "within three months" I still believe we will have to wait another year before we see good production...this poses the problem of raising more money to keep the company afloat....Only a contract with an OEM will save the
company so it is a very, very tenuous situation