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

To: Zeev Hed who wrote (17218)12/23/1999 10:37:00 AM
From: MHS  Read Replies (1) | Respond to of 27311
 
Zeev,

Think your numbers are accurate but you failed to include the expense of the backend machinery to expand to the $75 M run rate. Clearly this also has been factored in. Maybe they are counting on 10 - 15 M coming in over the next quarter or 2 to offset the cost or IOW it reduces the negative cash flow until break even.

mhs


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