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

To: FMK who wrote (11892)	6/6/1999 7:52:00 PM
From: Tickertype	Respond to of 27311

Fred, that brings up an interesting subject. We haven't heard much (almost nothing) about Alliant's situation with regard to making li-poly batteries (maybe because they're a defence contractor?). I recall Lev saying on a cc way back last year sometime that Alliant was progressing very nicely, or something to that effect, on their li-poly program. I realize that they probably will be making all kinds of formats that are different from what Valence is making for civilian use, but they'll still have to use a very similar process. We've not heard about any assemly lines, such as the Arcotronics equipment, going to Alliant, but I assume they must have similar machines. On the next cc I'd like to hear Lev clarify, to the extent he can discuss it publicly, how the jv with Alliant will operate. I assume they will be getting laminate from Valence. Any comments on this, Fred? - T -