Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.847

-1.2%

Nov 14 9:30 AM EST

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To: Bill Wexler who wrote (6635)	2/10/2000 6:49:00 PM
From: RockyBalboa	Read Replies (2) of 10293

At December 26, 1999, Valence had cash and cash equivalents of $31.4 million, total assets of $65.2 million, and stockholders' equity of $34.8 million. During the third quarter of fiscal 2000, the company raised approximately $29.0 million through a 2 million share stock placement. Back out the placement and vlnc would have ran out of cash! Nice! They would have to go to the well in approx 1 year again.

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