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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: MHS who wrote (12758)7/4/1999 1:12:00 PM
From: Larry Brubaker   of 27311
 
MHS, if the "positive cash flow" prediction is related to the discussion about Alliant and Hanil, I did hear this exchange and I didn't hear a prediction of when they would achieve positive cash flow.

What I heard was a question about whether orders from Alliant and Hanil alone could potentially be enough to make VLNC profitable. The answer, after some hesitation, was yes. I did not take this to mean that current orders from Alliant and Hanil were enough to for VLNC to make a profit. Rather that they potentially could order enough. And I definitely did not hear any prediction of positive cash flow by the fall quarter.

So, if there was such a prediction about cash flow by the fall quarter, it was not from this exchange, at least the way I heard it.
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