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.
Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (6635)2/10/2000 5:56:00 PM
From: eli74  Read Replies (1) | Respond to of 10293
 
What's your specific level for shorting the stock, Bill? And where is your recommended bailout point in the event the stock moves up?



To: Bill Wexler who wrote (6635)2/10/2000 6:03:00 PM
From: LiPolymer  Respond to of 10293
 
Earth to Bill, come in please...

Lev provides a glimpse into our quite bright future:

<<We continue to make progress, as new potential customers are receiving shipments of our advanced lithium polymer batteries for qualification testing," said Lev Dawson, Chairman, Chief Executive Officer and founder of Valence. "Also, this month we begin initial shipments of batteries from our Northern Ireland plant to customers. As our batteries gain recognition in the marketplace, we hope to be able to announce additional purchase orders and shipments of our proprietary batteries in the near future.">>

Maybe I'm not alone in looking very much forward to hearing the comments and Q&A in tomorrow's CC regarding this excellent progress and strong hint of more to soon come.

Bill, I'm trying to see what's so difficult for you to understand. Potential customers are are doing "taste tests", while committed customers are issuing PO's and accepting shipments.

See you on the call tomorrow...good luck.



To: Bill Wexler who wrote (6635)2/10/2000 6:49:00 PM
From: RockyBalboa  Read Replies (2) | Respond to of 10293
 

At December 26, 1999, Valence had cash and cash equivalents of $31.4 million, total assets of $65.2 million, and stockholders' equity of $34.8 million. During the third quarter of fiscal 2000, the company raised approximately $29.0 million through a 2 million share stock placement.


Back out the placement and vlnc would have ran out of cash!

Nice! They would have to go to the well in approx 1 year again.