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

To: Robert Cohen who wrote (10047)	3/31/1999 9:55:00 PM
From: Bill Wexler	Read Replies (2) \| Respond to of 27311

The Ericsson press release is dated 1/99. The decision to use Li-poly batteries was made long before then. If Valence was the supplier, I can assure you that there would have been a press release. There is absolutely no relationship between the Valence fraud and Ericsson. 1) Valence has no manufacturing capability. 2) Valence has no unique lock on Li-Poly technology. 3) Valence is in dire financial condition, making it highly unlikely that they will ever receive a significant order. Valence is simply a stock fraud, and will inevitably trade lower.