VALENCE TECHNOLOGY (VLNC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : VALENCE TECHNOLOGY (VLNC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Curtis who wrote (2104)	2/11/1998 9:56:00 AM
From: John Curtis	of 27311

Current bid/ask = $5 1/8 x $5 3/16. Me thinks the financial info. is being well received, at least initially. When you stack it up against the ULBI number(which is just about the same), VLNC looks to be in not bad shape. I also noticed that as of the end of Dec. they had cash, or cash equivalents, equal to $17.3 million and the value of plant, property and equipment is ~$28.7 million. Now although these numbers would make me a tad uneasy, given their burn rate(they ran thru ~$10 million between March 30, 97 and Dec. 97), if things are on the up and up for 1st qrtr, then they appear to be crossing the finish line at just the right time.... John~

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next