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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Chisy who wrote (13460)7/31/1999 9:54:00 AM
From: Zeev Hed  Read Replies (1) of 27311
 
Chisy, anytime you can get money (that you need) into the company at few time book value the CFO is doing a very good job. I think that the last two financing are indications that the CFO is well connected in the street with a bunch of IOU he is able to collect on. This is quite a positive for VLNC's finances, IMHO. We might see a nice battle evolving between the powers of light and the powers of "darkness", it will be interesting to watch.

Zeev
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