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


To: Tmoore who wrote (2189)2/17/1998 12:12:00 PM
From: Dennis  Read Replies (1) | Respond to of 27311
 
The positives of the cc....Dawson feels that VLNCE will be (1)the dominate player in the industry as they supposedly are ahead of any other LI Polymer producer in mass producing the product; (2) start shipping limited quantities from Henderson the 1st qtr for testing; (3) will be a very high profit margin; (4) they will be able to sell all they can produce once production gets started in earnest; (5) teh NI facility has equipment installed but will have to wait for the Henderson facility to "de-bug" redundant equip at Henderson which then will be passed on for implementation in NI. (6) NI work force is of "very high quality people";(7) have initiated financing plans for equity backed capital; (8) production should be ramping up to be meaningful by end of second qtr but not full speed as de-bugging continues.
But then the responses of those asking questions seemed to be ones of disappointment that everything we've seen here isn't exactly so. However, he did promise to do better in regards to the news releases & phone conferences in the future.
Any other takes on this call....?
Dennis