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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Eli74 who wrote (11437)5/26/1999 2:21:00 PM
From: Zeev Hed  Read Replies (5) of 27311
 
Eli, I presume a good portion of the last 150 posts had to do with the "shipment" from VLNC. Frankly, I view this news release as a major setback for VLNC. The fact that so late in the game all they could come up with was shipment to their own partner is depressing. It seems to me that VLNC will miss the Christmas season for this year and thus the opportunity to reach positive cash flow before they need to take another massive dilution. That is the way I see that release.

Zeev
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