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: I. N. Vester who wrote (19789)	5/17/2000 6:49:00 PM
From: MGV	Read Replies (1) \| Respond to of 27311

Your express assumption is they are producing everything they can sell and that they are producing 560249010 in battery revenue quarterly. You assume - "Run rate @ 3 shifts/day on the Klockner line alone at 5 batteries per minute is not enough production to fill even the Qualcom order. " Now reconcile the number you get with what was reported this quarter, including 721K in revenue and 1,641K (vs. 1,500K) in inventory and 1,869K (vs. 2,500K) in A/R. From the numbers reported, inventory increased by about 150K or by about 10% sequentially while A/R apparently decreased by roughly 25%. With all the respect that you deserve, these numbers do not square with the message you are trying desperately to broadcast. Reconcile the numbers with your spin. You show predictable lack of poise by the way. " I'm sure you disagree with that strategy but nobody cares what you think about it." Stick to the facts. (All Q3 FY 99 numbers as reported in url below) moneycentral.msn.com