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

To: P. Ramamoorthy who wrote (11103)	5/11/1999 4:46:00 PM
From: mooter775	Read Replies (1) \| Respond to of 27311

In my opinion, the lawsuit is not a positive, but it is certainly not a deal breaker. Whether or nor the batteries (1) are better than existing li-ion cobalt batteries out there for cellphones or laptops, and (2) can be produced efficiently on the NI lines for both product categories - these are deal breakers. The ability to close a contract prior to the end of June and have the alternative of public rather than private financing - to me this is an impediment, but not a deal breaker. I believe that the current Valence batteries out in the market are better than existing li-ion batteries currently being offered. And I believe that product improvements in existing li-poly technology will "obsolete" current li-ion technology - reasonably quickly. So I don't worry about broker or market-makers' positions, since they are irrelevant to the long-term success of this or any other company - they just reflect the short-term perception of any company. If you or any other investor "buys into" Lev Dawson and the potential represented by their li-poly products, then feel comfortable with the stock and the company. If you don't, wait, or buy a competitive product. I'll hold.