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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: add who wrote (13694)8/13/1999 10:44:00 AM
From: P. Ramamoorthy  Read Replies (1) of 27311
 
add,
Now that Lev gave us a clue to immediate revenue (from Hanil jv), I wonder how VLNC will treat tax losses. More of an accounting question? They are expensing materials, depreciating equipment, etc. NI may have tax holidays (?). What will be their tax and interest expenses liabilities in the next two years? Any comments? Ram
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