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

To: FMK who wrote (1237)11/2/1997 2:19:00 AM
From: Larry Brubaker  Read Replies (2) | Respond to of 27311
 
"What makes it even better, is my belief that they have may have neglected the $32 million rebate from the Irish Govt and assumed much higher U.S. taxes while the Irish rate is approx only about 2.7%!"

FMK: Red Chip doesn't mention the $32 million, so you are probably correct that they neglected that. On the other hand, their numbers have 0% income tax (tax loss carryforward, I assume).


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