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

To: Rich Wolf who wrote (8256)	2/12/1999 6:18:00 PM
From: Dennis V.	Respond to of 27311

Yahoo poses a good question concerning the 8% royalty which Valence avoids with the Mn electrode. We have assumed that this applies to the Belcore arrangement. Does it? As I understand it, the Belcore license refers to the concept of enclosing the electrolyte and electrodes in a plastic matrix, or variants thereof. In other words, a concept delineating certain arrangements for the purpose of constructing a plastic battery. The question is, does this necessarily include Co as an electrode material.