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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: FMK who wrote (10697)4/25/1999 12:13:00 PM
From: Larry Brubaker  Read Replies (2) of 27311
 
FMK, is your "$500 million in royalties" number an attempt to provide me an obvious update to my list of "the best of FMK" posts? You know I still need to update the list for first and second quarters of 99.

You are now repeating a totally unsubstantiated number as if it is fact. Just as you have done many other times with many other issues. What is the substantiation for this number? Who is receiving these $500 million in revenues?

And apparently, potential sources of financing for VLNC have not recognized this vast money-making machine you described, since the best they have done so far is to come up with floorless convertible shares. Makes no sense to me that VLNC is going to be rolling in so much dough in the near future but they can't find financing at favorable terms.
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