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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Rich Wolf who wrote (12730)11/14/1999 8:02:00 PM
From: Larry Brubaker  Read Replies (2) of 27311
 
<<Hugh Covington then followed up by asking when they would get 'in the black,' and again it was Wright who answered, and he said that in the quarter following (3Q00, Oct-Dec), because the capital expenditures would drop, they would be 'in the black' as regards cash flow, just based on their expected Hanil and Alliant orders. He then added that of course, the revenue coming in from other orders would therefore add more directly to the bottom line.>>

Rich, do you still think VLNC will be in the black for this quarter from Hanil and Alliant orders alone? Particularly now that we've seen a quarter of "production is spoken for" which amounted to $359K in revenue?
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