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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (24329)	5/30/2001 1:14:24 PM
From: mooter775	Read Replies (2) of 27311

A financial adviser just called me and indicated that there has apparently been some posting over on the Yahoo thread I understand (haven't read it and don't read Yahoo postings) - surmising via 'the Street.com' that the company may be trying to raise some financing and this may in fact be a reason the company's reporting its fy results later than last year. Not so, says my adviser, who just spoke to one of the senior financial officers of the company. The later reporting of this year's results is rather being attributed to several factors including the accounting for all the licensing agreements negotiated and implemented in the last fiscal year.... I expect no surprises in the reporting of last year's results.... Cheers.

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