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

To: John Curtis who wrote (7368)	1/23/1999 12:07:00 PM
From: MGV	Respond to of 27311

From Barrons 1/25/99: "Motorola currently produces several million mobile phones a year, most of which are powered by liquid lithium ion batteries. It expects to be a big consumer of plastic lithium ion batteries in 2000 and that the technology will dominate the market by 2002. "To be realistic, the technology is not there yet. The dollars per watt hour are still two times more expensive than existing batteries," Myszka observes." This foreboding excerpt is utterly consistent with industry projections from a sfar back as last summer. If Motorola, a company with as much to gain as anyone from advanced battery technology, doesn't expect to have lithium polymer batteries before next year (from the Japanese), why would you? You all need to do three things. First, help remove johnson's, fmk's, and assorted others head from their posterior. Second, master the concept of sunk cost. Three, do your best to purge emotion and then walk calmly to the phone or your computer Monday morning and fight hard for the best price you can get for your remaining VLNC shares.