VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (12713)	7/3/1999 12:50:00 PM
From: Larry Brubaker	Read Replies (2) of 27311

Zeev, you are starting to believe what you read on this thread? <<I think that they would not have "promised" positive cash flow by next quarter so lightly if they were not pretty sure they can deliver>> They did not make such a promise. During the conference call, they were asked whether orders from their JV partners alone could make them profitable. After some hesitation, they said yes. The promise they made (while chuckling) was that that the revenue in the quarter beginning now would be more than the last several quarters combined. Therefore, their "promise" is that we will see at least $1 of revenue in the quarterly statement that will be released in mid-November.

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