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


To: Dennis V. who wrote (18192)2/10/2000 4:57:00 PM
From: MGV  Read Replies (1) | Respond to of 27311
 
You don't have to go far in reviewing VLNC's latest report to find troublesome issues. Lets start at the top line: Battery and laminate sales

Why do you suppose they don't break out "battery sales" from "laminate sales?" Maybe because the battery sales are so miniscule if any. Likely.

Next, for such small numbers especially, the revenue growth rate is very low. They went from 389T to 408T. That is almost 4.9% sequential. For such a big market and such a small starting number, to say the growth is anemic would be to overstate to an fmk fault.

Anybody else see the nice fee CIBC Oppenheimer generated? They can afford to provide some support with that fee. Its a nice business. CIBC Oppenheimers, that is. ; )