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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Zeev Hed who wrote (6491)12/30/1998 5:39:00 PM
From: FMK  Read Replies (2) of 27311
 
Zeev, The figure I heard was 37MM available from the IBD on a pro-rated basis after they ship the first 4MM in product. It may have increased to 40MM due to differences in exchange rates but I would use 37MM in my calculations so as to err on the conservative side!
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