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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: ikonoklast53 who wrote (24435)6/19/2001 11:11:21 AM
From: rli123  Read Replies (1) of 27311
 
Future financing conjecture --- pure, unadulterated conjecture. Nothing more.

Not much has been discussed lately about future financing. Until we reach break-even (presumably multiple quarters into the future), it will remain a concern. While I recall from the CC that we heard that there were a few sources of funds in the wings, we really don't know too much about the details.

Coming at it from a different perspective, if I were Stephan Godevais, the second thing I'd be asking (after I felt comfortable that the technology was world-class) is about financing. If VLNC doesn't have enough money now, is financing available? I wouldn't take the job unless I knew that financing was not a problem (what high-powered tech executive would want to take a job riding a horse that's collapsing into the ground?). My bet is that Carl Berg stepped forward, put his arm around Stephan (metaphorically speaking, of course), and told Stephan "I'm behind you friend, you need money, I've got it. You just make this company into a two-figured-billion dollar company. You focus on building sales and a strong licensing base and let me take care of financing."

rli
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