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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Zeev Hed who wrote (19410)4/28/2000 5:08:00 PM
From: MHS  Read Replies (1) of 27311
 
Zeev, I don't disagree. But when he discusses the burn rate and need for more financing, it is disingenuous, to say the least, not to include the $26 M (I believe it is higher) in IDB monies which he conveniently keeps "forgetting". I mentioned this because some of the VLNC newbies and lurkers may not be aware of this substantial IDB source of funding.

mhs
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