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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tickertype who wrote (25646)11/4/2002 3:31:19 PM
From: P. Ramamoorthy  Read Replies (2) of 27311
 
Ticker,
Good news about the work force reduction to lower their costs and the Asian contract manufacturing capability as long as they are relying on Berg's credit line for funding their working capital needs at this low stock price. Lower capital needs can help slow down the share dilution until they get PO's and generate earnings. Recall Stephan talking about a Mexican contract manufacturing agreement once. All dressing up, but nowhere to go? <g> Ram
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