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


To: geep who wrote (15903)11/11/1999 9:49:00 AM
From: jean1057  Read Replies (1) | Respond to of 27311
 
it should give them access to more IDB money...as Lev stated to me back in April..that the money release does not depend on a certain amount of $$$ contract...and btw. I think it is in the upmost interest of the Irish Gov. to keep Valence afloat ....It would be much more expensive for them to support 200 more unemployed....which would be the case in the NOT anticipated downfall of VLNC Mallusk NI...



To: geep who wrote (15903)11/11/1999 9:55:00 AM
From: I. N. Vester  Read Replies (2) | Respond to of 27311
 
idb will release 500k irish pounds for 1st $1.5M shipped
another 500k at the $2.5M mark. Not quite a doubling
of revenues but a very nice bonus.