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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (8823)3/2/1999 6:18:00 PM
From: P. Ramamoorthy  Read Replies (1) of 27311
 
FMK - Re.: "...royalty income equals or exceeds this, we are looking at $8 per share earnings. When?..."
I suspect it could take a long time for the royalty income, if their current focus is commercial production and cash flow. They need to set up a business group for licensing, tech support, marketing, etc. Still waiting for the CFO. Ram
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