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

To: I. N. Vester who wrote (20766)	8/8/2000 12:57:46 PM
From: Sir Auric Goldfinger	Respond to of 27311

Pathetic: V L N C U S Valence Price 16 Current Note: Values shown are 1) P/E HI NA LO NA CL NA 2) Prc/Bk HI 39.90 LO 14.72 CL 21.17 3) Prc/Sls HI 1499. LO 133.3 CL 158.1 4) Prc/CF HI NA LO NA CL NA 5) Div Yld HI NA LO NA CL NA 6) Prc/EBITDAHI NA LO NA CL NA

To: I. N. Vester who wrote (20766)	8/8/2000 1:05:03 PM
From: Sir Auric Goldfinger	Read Replies (2) \| Respond to of 27311

The trends in VLNC's income statement and balance sheet are NOT improving: Page 1/ V L N C U S Valence Technology Inc. Data 2 Income Statement Summary Ending 2001 Q1-Jun Display A Ascending Period Q Quarterly Currency USD US DOLLAR Income Statement Summary 2000Q1 2000Q2 2000Q3 3) 2000Q4 2001Q1 Net sales .00 .39 .41 .72 2.00 Cost of goods sold 6.40 7.14 7.90 7.07 Sell, gen & adm exp 1.35 1.80 2.27 1.67 Operating inc(loss) -7.75 -8.55 -9.76 -8.02 Interest expense .35 .48 .48 .53 For exchange L (G) .00 .00 .00 .00 Net non-op L (G) .09 .30 -.17 33.00 Income tax expense .00 .00 .00 .00 Income bef XO items -8.19 -9.33 -10.07 -41.55 XO L(G) pretax .00 .00 .00 .00 Tax effect on XO items .00 .00 .00 .00 Minority interest .00 .00 .00 .00 1)Net income (loss) -8.19 -9.33 -10.07 -41.55 -9.25 2)Diluted EPS Cont Ops -.30 -.34 -.32 -.23 -.25 # Shrs Diluted EPS 26.74 27.86 31.46 36.03 36.86