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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: Dennis V. who wrote (12669)7/2/1999 1:19:00 PM
From: MGV  Read Replies (1) | Respond to of 27311
 
A bigger hole is your contribution! If the story were so good, why would it not be "out there for" the capital markets.

Supply / Demand dynamics

The better the story, the more supply of capital to fill VLNC's coffers, the cheaper the price of that capital. If the story were good, why not get the very best price for capital by using the capital markets?