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


To: mooter775 who wrote (3926)8/24/1998 10:44:00 AM
From: hcirteg  Respond to of 27311
 
Hey Mooter-

Looks like the "seller" still has some selling to do...nice pop up but the volume kicked in to sell...how much more is there to go?

Hopefully, not much. Either way, someone is eagerly buying form the eager seller. That's a good spin on the action thus far!

HC



To: mooter775 who wrote (3926)8/24/1998 3:01:00 PM
From: Tickertype  Read Replies (1) | Respond to of 27311
 
I'll pick your choice no.3, although no.2 certainly does figure in as well. I tend to forget that customers have a much lower risk exposure with cellphone batteries.

Also a comment on the previous posts re. the timetable:
Lev did point out that he would not try to bring two lines up to operational status at the same time. He also mentioned that both the large battery and small battery lines would run at a rate of 5 units per minute, at least initially.

If the first line is now up and running in the production mode, as is
" unofficially" believed , then the crew should be ready to start working on the second line, which arrives in September per the cc.

- T -



To: mooter775 who wrote (3926)8/24/1998 5:36:00 PM
From: Peter Haynes  Read Replies (1) | Respond to of 27311
 
Another possible reason:
(4) There is a very long lead time required to build the line, and they had to order them 6 months? a year? ahead of time. Now they have to take them whether they are ready to or not.