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


To: atticus4paws who wrote (3674)8/12/1998 4:15:00 PM
From: Sam  Read Replies (1) | Respond to of 27311
 
"So WHY isn't VLNC trading to higher levels in light of very positive indications of large scale production?"
One possible answer from another novice on this stock who only lurks on this thread from time to time: VLNC has a burn rate of between 4 and 5 million dollars, and only about $3 million cash left with no current revenues. That is enough to scare off a lot of people.