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

To: Jeff S. who wrote (2923)	5/20/1998 11:10:00 AM
From: Raven McCloud	Read Replies (2) \| Respond to of 27311

So when will we hear the results of the CC.? Anyone know how long the CC will last? Will they release the CC news immediately after the CC ends? Kind a frustrating to be hanging on the side.

To: Jeff S. who wrote (2923)	5/20/1998 11:43:00 AM
From: John Curtis	Read Replies (4) \| Respond to of 27311

Conference synopsis continued: 12. L.D.'s targeted the company to build large batteries FIRST. Smaller batteries will be second. He doesn't "dare" bring up both machines at once. Henderson can produce upwards of 500 batteries per day. 13. Share names of 2 customers? L.D.--"I can't think of a better way to lose them. No one wants their name be bantied about while testing is underway since no customer wants their competitors to know what's going on." 14. Question on Irish "kickback." Ireland will give a $4 Million milestone which is worth $7.5 million to VLNC. This will mitigate their burn rate. 15. What point does VLNC take revenue for batteries shipped? L.D.--Once the customers take possession. 16. Is Delphi still enthusiastic? L.D.--Their announcement speaks for itself. 17. Can you speak toward the battery improvements? L.D.--The improvements have been significant with improvements if virtually every area. Anything from temperature, chemistry, cycliability, etc.. It is significantly better. 18. Regarding the batteries for PC's as opposed to batteries for EV's plus will VLNC make different sized batteries? L.D.--They have 4 sizes planned, and also are looking at a 8x12 "sheet of paper" size. On the small size they will go down to cellphone size. The machinery they'll be ordering over the next seveal months will be able to make a variety of sizes on the same line. 19. What is the total number of manufacturers you've sent battery samples to? L.D.--around a dozen. --------- OKay folks that's it. L.D. reminded everyone that VLNC is still a developmental company but they're going to be working very hard to build the trust factor they have developing with the investment community. My own apology for any/all typo's, mistakes in translation, etc., but I felt it imperitive to get this out to all of us. All I can say is......YAAAAAAHOOOOOOO!!!!! ;-) John~