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

To: Mark Johnson who wrote (8095)	2/9/1999 5:03:00 PM
From: add	Respond to of 27311

Mark, I totally confer. The most salient item about the annual meeting was the sheer size and complexity of the production lines in NI. All the mixers,dryers,melters,and names of machines I don't even know or understand all about the size of a delivery truck or larger all working was quite impressive. Plus the fact that Lev said they had bought tens of metric tons of stuff means that they are getting ready for a big run. Those that didn't attend the meeting should have no doubt that Valence is very serious and very close to producing large quantities. The only unknown is will an OEM take the risk of going with the new technology and when. About the number of lines, it was quite clear that there are only 2 lines: one small capacity and one large. A third line is on order and is for Hanil and the fourth to some soon after the third will probably make large laptop batteries. But right now, there are only 2 production lines.