SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: MGV who wrote (15396)10/23/1999 7:00:00 PM
From: Mark Johnson  Respond to of 27311
 
Another "Adhominen Argument": <<Development stage companies
with good prospects have little problem being capitalized even though they will not have revenue for some time. VLNC is distinguishable on this point and it is a significant, troubling distinction.>>

Valence has acquired financing. Hey you spelled "significant" right (good job). The company has maintained all along financing wasn't an issue. Castle Creek eliminated the floorless feature on the first tranche and has since converted. Castle Creek has converted 40% of the second tranche and has kept 60% "unconverted" afterall, they are a hedge fund....so what. Valence has also raised money from institutional investors on a month to month basis on the premise production is at hand.

If your worried sell the stock..Stay away...Simple



To: MGV who wrote (15396)10/24/1999 12:14:00 PM
From: Tickertype  Read Replies (1) | Respond to of 27311
 
Actually, Lev's first comment on the last cc almost 3 months ago was "revenue shipments have begun." You'll see those revenues on the next 10-Q. This does support their statements about having transitioned from the R & D stage to the commercial production phase.

- T -