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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: J. M. Burr who wrote (19787)5/17/2000 5:40:00 PM
From: MGV  Read Replies (1) of 27311
 
75% sequential on such low revenue numbers isn't going to get VLNC to $24.7M.

The revenue run rate is roughly 2.9 million now and, according to the company, they are turning down business. Capacity issues. With flattish inventory and such low revenue, red flags continue to fly high over such statements.
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