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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: TK who wrote (52)2/1/1997 9:48:00 AM
From: FMK   of 27311
 
I heard Montgomery Securities was there- anticipate a (strong) buy rating.

Someone may have mentioned that there should be no taxes on approximately the first $100 million in revenues because of prior year losses (see page 13 of the last annual report & the last 10Q's & confirm). This should give earnings/sh a nice running start!
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