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


To: geep who wrote (2343)3/2/1998 10:01:00 PM
From: golden_tee   Respond to of 27311
 
Anyone catch The Motley Fool article in the Moneylife section of Sunday's Chicago Sun-Times? Basically a guy writes in and says he invested in VLNC without doing any research and regrets it. They respond by saying that they would rather wait for a product to have proven market acceptance before buying a stock. They point out that VLNC is still reporting net losses. Yawn. It is exposure anyway...
Bob



To: geep who wrote (2343)3/2/1998 10:34:00 PM
From: FMK  Read Replies (1) | Respond to of 27311
 
Geep, I understand there is a semi-automatic line in Henderson that has is used for prototype production, together with the small unit that has produced laminate for testing the high speed assembly machines in Ireland that were reported to have produced good product at full speed last October/November.

I believe its production rate is in the range of 100's per day and the results have been proven to be representative of the larger assembly equipment in NI.

Regards, FMK