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

To: I. N. Vester who wrote (19092)	4/8/2000 4:44:00 PM
From: Larry Brubaker	Respond to of 27311

<<I will also note that your quick analysis of the fundamentals/financials etc have always been way off the mark.>> And what's your in-depth analysis of the fundamentals/financials, IN Vestor? Weren't you one of the many taking pot shots at me when I disagreed with the line last summer that VLNC would break even last quarter? The proven fundamentals (as opposed to speculation) is that the company has earned about $700,000 in revenue in its 9-year history, has increasing losses that are now about $10 million per quarter, has never demonstrated that it can produce in volume, has never demonstrated that it can produce at yields sufficient to earn a profit, and even after raising close to $60 million last year, still has only about 1 quarter remaining of working capital before it will be back at $0 working capital again.