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

To: William Epstein who wrote (11444)	5/26/1999 5:31:00 PM
From: jean1057	Read Replies (3) \| Respond to of 27311

PHOTOMAN: you assume that the expansion of VLNC will need substantial financing over the coming years...you are absolutely correct if you assume that the company wants to produce the batteries for the whole market.........HOWEVER, IMHO, the company will try to license the technology to different manufacturers, and reap the roalty fees. with appx. 400 patents (pending and granted), they are in the best position to license the technology.........that is cheaper more efficient and in the end more profitable...kind of biotech company... That would cut the scenario of HUGE financing needs in the future, wouldn't it ??