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

To: Ray who wrote (11042)	5/6/1999 2:20:00 PM
From: Zeev Hed	Respond to of 27311

Ray, I think that everyone is waiting for two things, the nature of the next financing and a nice PO. Until we see either or both of these, the stock is locked in a trading range. If we do not see a major PO by the end of next month, it is my opinion that the down side pressure will increase. The reasoning is that for the PC people to plan their Christmas season, they need to have finalized design no late than the second week of June or so. Give it another two weeks, and you got yourself a "deadline". Of course, we also have the deadline of July 27th, when the last tranche from CC becomes once more floorless. As so many say on this thread, how a nice little PO? Zeev

To: Ray who wrote (11042)	5/6/1999 4:11:00 PM
From: jean1057	Read Replies (3) \| Respond to of 27311

hey Ray, as one of the Ireland visitors I have to let you know that NO evidence of fraud was found by me or the other visitor, with whom I spoke in NI, after his visit....so that should calm you down a bit?? There is a production plant..there are 3 lines up and ready for running..there are batteries, laptop and cellphones produced..so that should calm you down ????? there is ample space available to widen production capabilities.....meaning it is a big plant...not a backyard garage facility... the negative was not seeing any DELL COMPAQ or IBM trucks loading up batteries at the plant..nor EVERREADY DURACELL or MOTOROLA trucks either..........