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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tickertype who wrote (8834)3/2/1999 6:55:00 PM
From: Richard M. Jimmink  Read Replies (1) of 27311
 
Tickertype,
Licensing programs normally carry an up front fee. The amount varies based upon the percent of the royalty payment negotiated.
RMJ
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