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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Jeff S. who wrote (6705)1/4/1999 11:42:00 AM
From: FMK  Read Replies (2) of 27311
 
Thanks Jeff, I guess we should note my $10mln to $20mln estimate of current cash position for the record and see how it shakes out after the next 10q or conference call or someone's conversation with the company. I'll accept wagers that I was correct at the time of my post when I first mentioned that number! So anyone is invited to verify or refute from more current data than Sept's 10Q. There may also be cash coming in from sales of samples. I believe it was once stated that the first so many were free. When thousands are shipped, the customers are likely paying for them.
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