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


To: FMK who wrote (5103)11/15/1998 3:28:00 PM
From: gvander  Read Replies (2) | Respond to of 27311
 
FMK,

Don't you know how to make projected cash flow statements? By your reaction it seems clear that you are in fact in the catch 22 I mentioned.



To: FMK who wrote (5103)11/15/1998 3:35:00 PM
From: gvander  Respond to of 27311
 
Well I guess were not going to get a WC number from you. Lets see at your 100 million in sales, change in sales of 100 million, at a .15 percent NWC ratio you would need to come up with another 15 million. <<Oh-no>> Indeed. I think I was generous with the .15 also. Would you like me to use the industry median for similar start ups--it just gets worse.