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

To: Richard M. Jimmink who wrote (6142)	12/21/1998 12:27:00 AM
From: FMK	Respond to of 27311

Richard, I'm not sure what you are trying to say, but I was told the $15,000 replacement for the M16 rifle appeared over a month ago in a modern weapons documentary broadcast on the history channel in Atlanta. The prototype shown must have been complete with batteries. I also heard the weapon will be deployed by the year 2001. If, as you say, "Government Programs can be considered for the year 2002 time frame. Any government procurement before that time frame would be a miracle. Been there, done that!!!!", the military must demand a lot from their contractors if they take delvivery in 2001 and hold up payment until 2002, but perhaps that's not what you were trying to say. In any case, I mentioned many categories of potential customers as sources of firsthand information regarding demand for products. A single most impressive point that comes to mind is their capability of breaking the company even with less than 1 shift production of laptop batteries. If the first 1800 batteries per day pays the bills, a high portion of additional revenue from line 1 and cellphone production from high speed and additional lines should make its way to the bottom line. IMO Valence will be extremely profitable even if the government is slow. BTW, didn't the Alliant/Valence joint venture already receive payments from the military for various projects? If I remember, there were some news releases describing varous government contracts over the last year or so.