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

To: DKR who wrote (5887)	12/10/1998 3:19:00 PM
From: HQ	Respond to of 27311

Where did you hear this? I recall the article about Cal Reed (recently linked to, but two years old or so), which described how they got it for a 'good price' from GTE. Can't imagine they'll get a great price, either, if/when they try to sell it. And there's lots of equipment to move. Or would Lev temporarily consider having no research facility in the states at all? Because he would need capital to make the move. Perhaps this was a long-term plan, or perhaps he's lining his ducks up in the event they: 1) are desperate for cash, short-term, and will move everyone to NI; or 2) are flush with credit because contracts are being signed left and right, and they can afford to move the research staff back to San Jose or wherever. Boy, it's really all or none with this company. Talk about your brinksmanship!!