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

To: J. M. Burr who wrote (19787)	5/17/2000 5:40:00 PM
From: MGV	Read Replies (1) \| Respond to of 27311

75% sequential on such low revenue numbers isn't going to get VLNC to $24.7M. The revenue run rate is roughly 2.9 million now and, according to the company, they are turning down business. Capacity issues. With flattish inventory and such low revenue, red flags continue to fly high over such statements.

To: J. M. Burr who wrote (19787)	5/18/2000 9:10:00 AM
From: Greg Growth	Read Replies (2) \| Respond to of 27311

J.M. Burr, Your welcome. I have been a lurker on this thread for a couple of year. If (when) VLNC starts to reach its potential over the next year, I'll attend the annual meeting and take you up on your offer of champagne. I liked Lev's attitude. He stressed that he had 3/4 goals to accomplish in the next year before retiring to his sweet potato farm: 1. positive cash flow 2. company well respected 3. & 4. he wouldn't detail He stressed that credibility to the customers was his primary goal and they were going to be very tight with quality. Once you filter through the garbage, there is some good information on the thread. Ram - great job with summarizing the conference call. Happy Investing Greg (long on VLNC)