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

To: wm sharp who wrote (8268)	2/13/1999 1:19:00 AM
From: Harold Hertzfeld	Read Replies (2) \| Respond to of 27311

The last of the Q" & A"s Q Search for the CFO? A Very important...and I hope I am arriving at the end of the of the search. Q Barron's article? Japanese competition? A Two companies have announce that they are going to make polymer batteries both with cobalt oxide. Their announced energy density is lower than ours...and their production rates are a fraction of ours... announced battery sizes are very small...smaller than our small batteries right now...Our first battery out of the pike is 4 X 4 inches..quite a large battery compared to what they can do... Q Do you see any market for selling your laminate as well" A Yes, we are preparing to sell laminate to our Korean subsidiary, and of course to our Alient subsidiary who I think will take substantial amounts of it...and have been approached by another manufacturer for film..we have certainly a large capability. Closing remarks....I am very satisfied with progress to date...technically...and from a manufacturing standpoint...and its coming up to the time when we are being taken very seriously by our potential customers...We are not going to make an announcement that is not independently verifiable..and we hope to build the stock without hype..on the basis of real progress.