VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pronichev who wrote (10540)	4/20/1999 9:48:00 AM
From: Mark Johnson	Read Replies (2) of 27311

The S-3 news today should make Larry happy. A plan is in place, remember Lev's shareholder meeting comment, to get the price up, then go for an offering. I'm looking for some positive news forthcoming!! From an astute poster: <<We were warned about how toxic more financing could be. A contract announcement or two should get the stock to $15. A public offering to raise $45 million would then dilute us to 33 million shares. We would then be left with only $9 per share contribution from the NI plant. If it only gets half that good, or $4.50 per share, earnings from the NI plant alone might justify a $100 share price. Maybe a few of the longs are hanging on to their shares and continue to accumulate because they have done their math.>>

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