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

To: steve who wrote (4464)	10/19/1998 7:03:00 PM
From: Tmoore	Read Replies (2) \| Respond to of 27311

Oh, I tried the link I posted and it opened up the story. Maybe because I had another Explorer window opened to the story already. I like the way price is inching up and as was mentioned on the Yahoo thread, the Bollinger Bands are getting real tight. Sure would like to see that pop to the 6-7 range before any big announcement. If that occurs then a contract announcement should be very pleasing. Regards, Tmoore

To: steve who wrote (4464)	10/20/1998 8:37:00 AM
From: Dennis V.	Read Replies (1) \| Respond to of 27311

Hi Steve, I think Power 98 and Javelyn pretty much summed up the state of the art in lithium technology. Incremental improvements in cannister type cells have allowed published specs to remain near competitive with lith poly or "flat" type cells. However, because of new applications requiring compact, high capacity batteries, it would appear that the days of lith ion cannister types are numbered in a competitive sense. Why else would so many manufacturers announce lith poly development? Although attempts will continue among established manufacturers of cannister batteries to improve product, those who are attempting to enter battery manufacturing are skipping this old but mature technology and jumping directly to lith polymer. The key to market dominance of lith poly is to break the ice with current generation and quickly follow on with next generation. This is challenging to say the least since cannister battery manufacturers are evidently pricing their batteries at cost or below. However, the geometry of lith poly batteries and their small but growing capacity advantage should be enough to gain market entry to cutting edge, ambitious OEM's. Progress may be slow at first but later could cascade. All we have to go on are Lev's statements about "revolutionary technology" and patents to come. I'm inclined to believe him for now. There seems to be corroborating evidence in the insider buying and recent reported statements from the FRB which, reading between the lines seem quite positive. None of this is new of course, but I think these little reviews of where we are could help clear the minds of investors. I look for folks who are more knowledgeable to pitch in with comments.