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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (8188)2/11/1999 6:18:00 PM
From: Chisy  Read Replies (1) of 27311
 
Read the bottom of page 6 in the 10-Q. Besides being starved for cash they have no products for sale nor can they give us any assurance that they can develop or manufacture any at an acceptable cost, etc., etc. Wish they had reported these handicaps at the shareholders meeting. They don't expect any cash flow for nine more months. What's going to make this turkey go up? "The company presently has no product available for sale." Anyone saddened by this news?
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