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


To: Rich Wolf who wrote (8227)2/12/1999 2:50:00 PM
From: I. N. Vester  Read Replies (2) | Respond to of 27311
 
CC: lev was very unconcerned about running out of money
by end of this quarter. He re-iterated that he wants to
sell some stock to raise $, but only at a higher stock
price. This came after admitting that they will burn
thru all the cash within a few months.

IMO he is quite certain that revenues from PO's
will start coming in within weeks, by the end
this quarter or very soon thereafter.