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

To: FMK who wrote (6299)	12/26/1998 7:26:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 27311

Yes Fred, I also remember Lev saying during the August CC they were discussing pricing, terms, and conditions with OEMs. I also remember during the same discussion of the same call he said that OEM's were waiting to see whether VLNC can produce in volume before they would sign a contract. Given the lack of contracts since August, and the recent statement that qualification of the line has been moved from the 2nd half of 1998 to the first quarter '99, it looks to me like OEMs are still waiting to see whether VLNC can produce in volume.