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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (19771)5/17/2000 9:11:00 AM
From: LiPolymer  Read Replies (1) of 27311
 
Didn't someone try to make an argument a few weeks ago that Current Liabilities shown on the 3QFY00 statement would have taken cash well below $20 million by the end of March?

Right now it looks as if cash on hand is sufficient for about two, maybe three quarters, not counting cash injection from the Irish development funds.

What affect does hitting the $24 million FY01 revenue target have on the above scenario? TIA.
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