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: jcox who wrote (3949)	8/25/1998 9:22:00 PM
From: FMK	Respond to of 27311

Jcox, I remember last fall the company was simultaneously testing one of the high speed lines in Ireland and the other in Italy. When they needed a part modified, it would be done in Italy and a copy of the new part sent to Ireland and the process continued until they were reportedly pleased with the results at both locations, at least at reduced speed. It was never clear they were 100% successful at full speed. I believe the new, higher-performance version of the battery may have required a slightly different construction technique and machine motion, and it was logical to ship the high speed machine from Ireland to Italy so both could be modified simultaneously and test run at the factory there. During the conference call Lev was not specific except for reporting that all components had been debugged, thoroughly tested and performed well as separate units. I expect that these two high-speed assembly machines are the units scheduled to arrive September 21, and will be in operation with line 1 for the analysts to see in October.