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

To: Pronichev who wrote (5252)	11/17/1998 7:24:00 PM
From: FMK	Read Replies (1) \| Respond to of 27311

Pronichev, Here are some relevant thoughts on patents. I believe this person has credentials. by: midwestpatents (44/M/Chicago, IL) 656 of 1713 <<Unlike the previous patent lawyer imposter, I do make my living doing patent law. Writing them and fighting them as we say! I have read or skimmed all of Valence's patents personally at the request (and $) of an investment broker. I will say that anyone who believes that ULBI is safe from Valence's patents is kidding themselves. As memory serves, they have patents covering: Materials, processing, key manufacturing steps, unique manufacturing techniques that improve yields and improve battery performance, assembly techniques, future designs, etc.. While the Bellcore patents are being licensed to many, and Valence also must license them, there is no danger to any of the licensees from lawsuits associated with the Bellcore patents. The patent infringements will likely result from the 200+ patents on all aspects of LiPoly batteries. The real danger to companies like ULBI is the fact that if they do get sued, the award will likely be trebled because the infringement is likely willfull. I personally believe that ULBI and others would really love to see Valence flounder because they fear such litigation. I'm only posting because I can't let a few of you get away with misleading current and potential investors as to how "safe" ULBI's legal position is. I assure you, ULBI has had their lawyers review Valence's patents and file away some "Opinion" letters in hope of avoiding the trebled damages. 1X damages are enough to sink many companies! I'm am not saying that ULBI is a bad investment or that they have not found workarounds to Valence's patents to avoid infringement, I just want the board readers to hear the risks. Thank you for your time and good night!>> Posted: Sep 20 1998 10:14PM EDT