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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: William who wrote (4134)9/10/1998 1:18:00 AM
From: MGV  Read Replies (2) of 27311
 
I would think that 100 production workers would add at least another $2,000,000. What about raw material cost, packaging, shipping, sales commissions. Will they have no questionable accounts receivable? No product returned. No defective product. No product lost or damaged. Taxes - NI and US.

More good questions. There is alot of reality that that is being overlooked William. I'm neither long on VLNC nor selling it short but I was long in 1993 and it is incredible how long some of these guys can spew the same superficial information and get away with it.
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