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


To: Tickertype who wrote (6321)12/27/1998 7:53:00 PM
From: I. N. Vester  Respond to of 27311
 
Mooter postulated they are allowed to keep inventory under R&D
expenses until they have orders for the product. I don't
have accounting background but i believe that Mooter is
a professional in that field. I would assume there might
be some good reason for doing so from an accounting
perspective, beside any desire to keep this info under
wraps for whatever other reason.