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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: J. Liu who wrote (6920)1/8/1999 10:05:00 PM
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On Sony. They are still profitable albeit less than before. My point was that they were not "hurting": they are still making a profit.

Hampered by the Japanese economic downturn, Sony Corp. saw its operating income drop 21% to $815 million in the first half of its fiscal year ended Sept. 30.
Sony Music Entertainment was responsible for much of the decline, having experienced a 74% slide in operating income, even as sales increased 10.3% to $1.3
billion. Conversely, Sony Pictures Group posted a 5.9% gain in operating income while its revenues fell 6.7% to $1.1 billion.
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