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

To: John Curtis who wrote (4713)	11/6/1998 12:57:00 PM
From: Emmo	Respond to of 27311

What I got from the news (Interesting that VLNC decided not to release the Korean press release in the US, the 10-21 release) is that there are two production goals, samples and full production. The first is for customer samples so they can test and design into their products. This is what both releases talk to. The second is when orders are signed and full production begins. My concern has been if they were ever going to start production. These press releases seem to validate that Hanil is on track for full production 1st qtr 99 and are producing samples right now. Question is-- why the silence from Henderson? I guess insiders decided to take advantage of the low price. They must not think progress reports to US investors on the Hanil joint venture is not very important. Makes the little guy really have to do their homework to get ahead in this world. So if Korea is on track what's the status of Ireland plant? Nevada is not talking but they sure are buying. Production in 1999 is critical as there are a lot of competitors targeting 2000 production.