Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Zeev Hed who wrote (19414)	4/28/2000 5:50:00 PM
From: Bob Burke	Respond to of 27311

Zeev, I agree with your worry about 75M being able to cover expenses, but as you know very well, if it's confirmed by Sec reports of >75M in sales. Shares of VLNc will be a little higher than 15 bucks. Profitability is no question important, but at this point in a newly transformed R&D to viable production, profits are not a company priority. The priority is, can we make a $dollar till (hopefully) something happens. Long, with share volume fluctuating as the weather changes.

To: Zeev Hed who wrote (19414)	4/28/2000 11:11:00 PM
From: Larry Brubaker	Respond to of 27311

Zeev, I doubt whether the next quarterly financial statement will give you much of a clue at all about the profitability, or lack thereof, of VLNC's current production efforts. The SEC filings say no significant revenue is expected until at least the 2nd half of 2000. Without significant revenue, all the next quarterly financial statement will tell us is how much higher the spending has risen from the $10 million from last quarter. We still won't have much of an idea of gross margin, yields, or anything else that will give any idea of future profitability. IMHO.