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

To: MHS who wrote (17219)12/23/1999 10:51:00 AM
From: Zeev Hed  Respond to of 27311
 
MHS, I think that a good half of this is covered by depreciation charges (as far as cash flow is concerned), but once again, when we get the first quarterly of manufacturing operation, it would be easier to determine what the true depreciation rate is and how much of these cash requirements are covered by these depreciation charges.

Zeev


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