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

To: FMK who wrote (6683)	1/4/1999 12:01:00 AM
From: Larry Brubaker	Respond to of 27311

Fred, I believe all the IR firm was willing to confirm was that there are more than 200 employees at the plant. But yes, I have to assume that increases in employees at the plant means they have work for them to do.

To: FMK who wrote (6683)	1/4/1999 12:12:00 AM
From: Larry Brubaker	Read Replies (1) \| Respond to of 27311

Fred, my guess is there will be other opportunities to pick up dropped candy. I don't expect a contract for a minimum two more months, and that assumes everthing goes well from here. Reason? They have yet to begin "shipping in earnest" and that "extensive OEM testing" process required. As Lev said, the more aggressive OEM's are likely to be cell phone manufacturers. From what I can tell, they are still some time away from shipping samples from the cell phone line. Two months more of silence from this company will probably result in plenty of buying opportunities. Zeev's "turnips" think we are now at the top of a trading range between $5 and $7 or so. While turnip reading is a precarious art, I've seen Zeev's turnips make some pretty good calls.