Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: add who wrote (6914)	1/8/1999 4:14:00 PM
From: HQ	Respond to of 27311

Yes, in essence they have stated commercial production. Because they have stated that as of this month, they are producing in volume at high speed from the assembly line from which they would be happy to deliver large quantities of batteries for laptops. And the cellphone and other battery lines are each a few months behind this, but with few technical surprises waiting since it's the same technology and methodology that they've already got running on the first line. That's commercial production capability, in my book. One could say it only officially becomes commercial production when they're delivering on a contract. But Sony and the other 'bigs' don't have their factories built yet. So VLNC has a lead, though it cannot be quantified. In sum, VLNC is producing now, and Sony only claims they will begin sometime this year. I think of Microsoft trying to keep its competitors at bay by telling customers that their equal or better product 'is coming soon...' The proof will be in the pudding. In the meantime, why don't you go buy some Sony stock and leave the room?

To: add who wrote (6914)	1/8/1999 4:57:00 PM
From: J. Liu	Read Replies (1) \| Respond to of 27311

Sony sees severe 99/2000 Tuesday January 5, 10:07 pm Eastern Time Sony sees severe 99/2000 if dollar stays at 110 yen TOKYO, Jan 6 (Reuters) - Sony Corp Senior Vice President Masayoshi Morimoto said on Wednesday that the company's business will continue to be severe if the dollar/yen rate stays around a level of 110 yen in the business year starting in April. Morimoto told Reuters: ''It's going to be a severe year if the dollar stays at the current level. We hope the rate will return to at least 115 yen.'' He added that Sony was formulating a conservative earnings estimate for the 1999/2000 business year. Sony President Nobuyuki Idei, meanwhile, blasted the government for a lack of action to prevent the yen's recent drastic rally against the dollar. ''The government must take decisive action for currency stability. With the dollar falling towards 110 yen, the recent economic stimulus package could be of no use,'' he told reporters at an electrical industry group New Year reception.Asked about the current dollar/yen level, Idei said the currency level itself was not the major problem, but rather the rapid fluctuations in exchange rates. J.Liu