Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: barrcuda who wrote (2347)	3/3/1998 5:30:00 PM
From: I. N. Vester	Respond to of 27311

fwiw, I talked to David Archibald this afternoon. It took him a couple of days to return my call, then another day of phone tag, but he did return my second call(s). I wanted to voice my disatisfaction about the timing of the release of info in Feb. He defended that a bit saying that yes, they will still have production in 1Q - just not volume production! He defended Lev, saying that he had a difficult job to come on board in Jan and determine exactly where they were, that Lev's ideas had been changing on a day-to-day basis, and that he had wanted to get a very clear stake in the ground. He said that they were thinking about doing either a CC or press release on monthly basis, and that they will probably give us a progress report by the end of this month. I asked about equipment in NI being run at full speed. He said that the problems with the lamination material started at about 50% of full speed. He also stated that line 1 was now configured for PC batteries and that they did NOT have a lamination problem with that line. He reiterated that any OEM contracts would have to be announced as soon as they are signed. I asked if they could begin large scale production without having a contract to sell in place, and he said that was possible, tho he agreed that there should not be too much additional negotiation required once they have proven production capacity.