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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (13308)7/23/1999 8:26:00 AM
From: Greg McDaniel  Read Replies (1) of 27311
 
Help me understand the following taken from their(SCUR) 2nd qtr report:

Weighted average common shares and equivalents
outstanding 17,744 17,471 17,203 15,945

As of june 1998 15,945,000 shares. as of june 30 1999 17,203,000. why didn't the number of shares increase 8 million? Is it too soon for the 8million shares to show up?
Or is there official document wrong?
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