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

To: lws who wrote (8045)	2/6/1999 7:39:00 AM
From: Pronichev	Read Replies (1) \| Respond to of 27311

LWS: Thanks for your late night post, (and to all the other poster/attendees). We have entered a new level of discussion.

To: lws who wrote (8045)	2/6/1999 9:09:00 AM
From: Greg McDaniel	Respond to of 27311

Thanks, LWS and all the others that attended and have given your summary. I look forward to hearing more about this journey.

To: lws who wrote (8045)	2/6/1999 10:50:00 AM
From: John Curtis	Read Replies (2) \| Respond to of 27311

LWS: >>when we can go to a really expensive bar and dine on really expensive steak!<< Absolutely, that's the goal. However, call me a prude, but Bourbon and WINE!!? What a mix. Heh! Been there, done that, no fun(the next day), moved on. Jack Daniels and Guiness however...... Thanks for the write-up! John~

To: lws who wrote (8045)	2/6/1999 2:43:00 PM
From: Jacques Tenzel	Respond to of 27311

I too would like to thank all those who took the effort and time to travel to Las Vegas to participate in the A.M., and to report back to this thread so the rest of us might benefit from your impressions. I have found your posts and information quite useful to give a fuller picture of this company that we are investing in. And I must say that I am somehow greatly encouraged and reassured by what you have reported as nebulous as it may be. While it is clear that speculating in VLNC at this stage in their development falls more in the line of "venture capital investing" with all the attendant risks, and therefore does not lend itself to the careful financial analysis that some of us might like, the possibility of getting into a leading edge technology early in the growth curve seems worth the risk. Over the past several weeks as American and Japanese companies have announced their ability and intention to produce lithium-polymer batteries, and newspaper articles, for better or worse have brought attention to this field, it has become clear that this technology will become a dominant player in the world of rechargeable batteries beginning sometime later this year. Indeed some products have already been announced leaving all of us to speculate as to whom might be supplying the batteries. The latest Motorola ultra light cellphone announcement for Europe, while not mentioning the type of battery to be used, is certainly intriguing. What I glean from those who attended the conference is that the Valence operation, far from trying to become a small niche player among giants, is truly trying to establish itself right out of the gate as the dominant company in the field. And the size of the production lines as well as the patents in place and applied for is testimony to this fact. The Manganese-Lithium benefits have also been explained and perhaps this is why only Lithium-polymer cellphone battery competition has been announced, leaving the laptop arena to Valence. We also now have some concrete numbers to apply to the financial speculation that some have introduced. Line one seems to be running at four batteries per minute and the cellphone line at twenty-five. As more lines come on board we should be able to do the math and have a ballpark figure of production (and hopefully profit). I personally have no doubt that products presently being produced have an enduser in mind. As long as quality control is good I cannot help but believe they will have no difficulty selling. And although P.O.'s will not be announced by VLNC directly the knowledge will come out in a timely manner by the appearance of the product on the market. This requires a little more patience on our part but I certainly hope to be handsomely rewarded. Good luck to all.

To: lws who wrote (8045)	2/7/1999 6:26:00 PM
From: Gordon Quickstad	Respond to of 27311

I suspect that we should start hearing more positive things from the company from here on out - or at least no more little tricks like the sloppy SEC filings that tanked the stock in December. They may be the lowest priced shares which level may not be revisited. Someone may well have been doing someone or themselves a favor. It could be tied in to the employee stock purchase plan or options grants, or just an individual seeing an easy play. In the past some VLNC employees were getting grant prices of anywhere from $12 to $22. Really a bummer to have had options at that price when the stock was below it for years. I didn't have the knowledge or confidence in such a secretive business to hold on to my 12,000 $4.65 shares and yanked mine because the company would not comment on their SEC filings which clearly stated that the company was in a law suit with the manufacturer of line 1 and that the company had not produced any production samples of batteries for any OEM! Quite a surprise to me, but nothing to worry about for someone who had a better view. I don't think there will be such sloppy remarks to inhibit the share price from here on out. I may play it for incremental gains, and forget about any grand slam.

To: lws who wrote (8045)	2/7/1999 6:44:00 PM
From: Mark Johnson	Read Replies (2) \| Respond to of 27311

I'd like to thank all the good guys and gals (Tracy and Veronica) for the good company and lively conversation in Henderson. lws your posts don't credit you as much as meeting you in person. You are smart, articulate, friendly, handsome, and one nice guy. It was so fantastic sharing in the enthusiasm of our common interest. The company didn't let us down. The concrete evidence of full production capabilities was an eyeopener and qualified the notions I've held all along. Patience is truly a virtue in waiting for the company to reach fruition. The attendees understand that day is not far off!! Good Luck to All!!!