SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MGV who wrote (4142)9/10/1998 2:35:00 AM
From: Larry Brubaker  Read Replies (1) of 27311
 
Sure they are hiring, and sure raw materials costs will increase if and when they go into production. I was not trying to argue operating expenditures wouldn't go up. My argument is that capital expenditures are also likely to go down (at least until they order more lines than the ones that Lev reported are pretty much paid for). The reduction in capital expenditures should offset some of the increase in operating expenditures.

As far as the price going down, I can't dispute that. I would also suggest the price isn't likely to fall much further. VLNC needs to maintain a $3 floor in order to proceed with the 2nd and 3rd closings. I would guess that the major backers of this company will step in to support the stock above $3, unless they have lost all hope of its success. The fact that Carl Berg ponied up another $2.5 million about a month ago suggests he hadn't given up as of that time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News