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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Tmoore who wrote (3176)6/29/1998 6:11:00 PM
From: MGV   of 27311
 
Looks very bad -

This is taken from the 10K filed today:

"However, the Company's fiscal 1999 operations plan places
significant reliance on obtaining outside financing. There can be no
assurance that any new debt or equity issuances could be successfully
consummated. These factors raise substantial doubt about the Company's ability to continue as a going concern."
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