YEEHAW CANDIDATES Message Board

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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Galirayo who wrote (9196)	7/13/2005 10:09:17 AM
From: Jibacoa	Read Replies (3) of 23958

Well, another "old acquaintance" on my buying range, VLNC is having an upgap today. I know Ken has been having problems with his computer, so may have to fly on automated pilot for a while.<g> bigcharts.marketwatch.com bigcharts.marketwatch.com I don't know if Mr.Berg is still buying more shares.<g> " VLNC provided the following guidance for all investors in adherence with Regulation FD as issued by the United States Securities and Exchange Commission. All guidance amounts are before any potential special items." Valence is providing the following financial guidance: * Projected revenue for the first quarter of fiscal year 2006 of approximately $3.2 million, representing 35% sequential quarterly growth; * Projected revenue for the second quarter of fiscal year 2006 in the range of $4.5 million to $5.5 million. "As a result of higher than expected orders from Segway LLC and the successful ramp-up of our operations in China, we expect strong results for Q1 2006 and have the opportunity to exceed the previous guidance for Q2 2006," said Stephan Godevais, chairman of the board of Valence Technology Inc. In separate news issued today, Valence Technology announced the appointment of Dr. James Akridge as CEO.

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