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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: MGV who wrote (19790)5/17/2000 7:01:00 PM
From: I. N. Vester  Read Replies (3) of 27311
 
MGV, i'm not assuming anything, just putting together
facts from the conference call. The company did not
claim that they were running the Klockner 3 shifts/day
LAST quarter, they said they were running NOW.

In fact, the company said almost all of the revenue reported
last quarter was NOT finished product. The last quarters
revenues are completely out of date because they were not
even shipping product. this is a growing, rapidly changing
company, not a static mature entity. what part of
that is so hard for you to understand? Why do you insist
that revenue numbers for the last quarter before they
started shipping finished product are indicative of what
revenue going forward will be? That is complete and
utter nonsense.
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