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


To: Larry Brubaker who wrote (9289)3/13/1999 11:51:00 PM
From: FMK  Read Replies (1) | Respond to of 27311
 
Larry, remember when ULBI announced a contract with only one production line that wasn't ready? Their stock went to $20 with about 1/3 Valence's solid polymer capacity per share. Valence has taken time and extraordinary measures to first be ready with thousands of tested batteries.

What should we expect when Valence announces a contract with 3 times the capacity per share and they are the best available, and the only supplier capable of making safe solid polymer for laptops because of their Manganese oxide patents and a 30+% added advantage due to their phosphate patents?

I find it reasonable to expect about 3x ULBI's $20 run up after they announced their Mitsubishi laptop contract. Remember that many shareholders witnessed films of two production lines in operation during the shareholders meeting. Do you suppose there are laptop suppliers interested in doubling the battery life of their competition's?

BTW, I wasn't aware of any analyst visits in November. I am aware, however, that a few visited the plant in December. I believe the panic selloff due to misworded and misinterpreted attorney disclaimers before Christmas discouraged many investors. Even though there was no good reason for the selloff, many investors probably won't be back and others not until a contract is announced. When it happens, we should be prepared for the stock to make up lost ground fast.