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

To: Tickertype who wrote (8577)	2/20/1999 8:38:00 AM
From: Rich Wolf	Respond to of 27311

Same old same old, Ticker... Notice the quote by Ultralife's Greg Smith: "Ultralife is ''not quite ready'' to begin production-line manufacturing of lithium ion batteries, although prototypes were sent to more than 60 potential customers." Over on the Yahoo thread, after this was posted, it was noted by 'MKT_entropy' that this joint research has been ongoing for years now, and in response to 'Dennis_P_Roth' 's hyping of the news you quote, and claim that this author (Lee Dye), "got his facts wrong again, when quoting Greg Smith," 'MKT_e' had the following to say: << D. Roth: ULBI and L-M by: MKT_entropy (40s/M/North East): " No, I did not confuse these two--it's just an extension and broadening of a previous contract. Same people, same goal (more or less). Once you catch a gov (read: taxpayer's) purse, you hold on to it by any means; sometimes it makes sense even to the taxpayer... I guess this matter was presented in fair detail at the latest Long Beach Battery conference in Long Beach, CA, last January by both Lockheed-Martin and Eagle-Picher engineers." M_e Posted: Feb 18 1999 8:38PM EST as a reply to: Msg 9293 by Dennis_P_Roth >> << ULBI and Lockheed-Martin by: MKT_entropy (40s/M/North East): "this is old news--researchers and engineers from L-M have been talking about this collaboration, and presentaing real-life test data-at technical conferences for the past two years. Everybody in the business has been aware of it, so I do not think this would have provoked Lev's response today. My guess... That Sandia participated in some part of it, was equally well-known." M_e Posted: Feb 18 1999 2:06PM EST >> and this had been posted in response to: << CNN story on Ultralife and Sandia Labs by: Dennis_P_Roth (47/M/Near Washington DC): " cnn.com:80/TECH/ptech/9902/17/lith.batteries.lat/index.html Ultralife is working with Sandia Labs, Lockheed-Martin, and Eagle-Picher, under a Dept. of Commerce research contract, on next generation materials for lithium batteries. I guess Lev saw this story yesterday and shoved out a press release on another patent this morning as a counter. Posted: Feb 18 1999 9:05AM EST >> ---------------------------------------------------------------

To: Tickertype who wrote (8577)	2/20/1999 9:07:00 AM
From: Rich Wolf	Read Replies (2) \| Respond to of 27311

Addendum re: CNN copy of L.A.Times story about ULBI Does everyone remember the L.A.Times story a month or two ago by this same author, which was clearly hyping specifically one company, ULBI? Many here speculated that the author's poor journalism could be explained by his laziness, and that after having seen some PR fluff by ULBI, he went to Greg Smith (ULBI) as his sole information source, who told him about every other manufacturer except Valence; and then the author (Lee Dye) just wrote his freelance article based only on that, without doing any additional research or corroboration. Others here speculated that the author was really just a hack working for ULBI, writing a 'story' for the Times that was really just PR for ULBI. Well, here we go again. Is this CNN story a pickup of a NEW article by this same 'Lee Dye' in the L.A.Times? It doesn't say, but it has new statements and content that were not part of the previous story. So it looks like Mr. Dye is busy again. I would like everyone here to know that after the previous incident, I emailed the author Lee Dye directly, informing of his biased information source, and filling in numerous details about Valence. I received an email reply from Mr. Dye, wherein he thanked me for my input, and said he would file my information away, "in case I ever revisit this topic again." It looks in retrospect like he isn't actually concerned about balanced journalism, as he isn't interested in quoting anyone but Mr. Smith of ULBI, or mentioning anything about other competitors (VLNC), who he knows full well may be beyond ULBI in both their research and production capabilities. He has been so advised, and acknowledged such. The speculation that Mr. Lee Dye is indeed promoting ULBI, while pretending to be a neutral journalist, may sadly be closer to the truth. That this obvious PR gets picked up by the national media and spun out to the world as if it is the whole story ... well, are we surprised? Same as what happened with the Barrons article in January. Where's that Paul Harvey guy? Sure would be nice to have someone else tell 'the REST of the story' for a change...