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

To: Emmo who wrote (2342)	3/2/1998 10:13:00 PM
From: FMK	Read Replies (2) \| Respond to of 27311

<<..also look at who else has put their money into the company and that will tell you a lot about the value of a WORKING Li Battery.>> Emmo, I take it you are including General Motors, Bellcore (1.5mln sh), The US Army & Navy via Alliant/Valence, Hanil Telecom, 14+ institutions, and founders Lev Dawson and Carl Berg (additional $4.5+ million so far after he was convinced that they could automate the production). There have been large investments made and we know Valence has had WORKING batteries for a very long time. I have seen no indication that any of these partners or investors are about to give up. To the contrary, the company has at last gone on record with automated production plans - and investors can look forward to payback time! Regards, FMK