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: FMK who wrote (4433)	10/17/1998 11:59:00 AM
From: jim heger	Read Replies (1) \| Respond to of 27311

Fred, what about further price pressure on cell phone batts ? Any concerns on that score? Thanks. jh

To: FMK who wrote (4433)	10/18/1998 3:49:00 AM
From: Javelyn Bjoli	Respond to of 27311

LITH is in the tank because they did not manage to close the deal on their $22M financing. They are out shopping for a lower amount now, which they will probably get. As a result, they will not own >50% on their Asian joint venture factory. It is not slowing down their progress, but it will not be until later factories until they have control over the operations side of their high-volume destiny. It is not a VLNC-esqe false start, in the sense that they were/are not expected to ship cells through their main customer until mid to late 1999. I would imagine the stock price will rebound sharply when they announce closing of a financial deal.