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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Larry Brubaker who wrote (15884)11/10/1999 9:01:00 PM
From: add  Read Replies (2) of 27311
 
Larry:

They had twice the capital expenditure as they did last quarter: $1,226K vs. $601K. In addition to the capital expenditure, they spent about $800K on labor to get to the $2M for the cost of construction in progress I mentioned in the last post.

However, it is disheartening to see the completion date pushed back.
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