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


To: kolo55 who wrote (9583)3/20/1999 2:18:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 27311
 
Paul, I am afraid you may be wrong on that issue. When the balance sheet shows $5.9 MM in preferred and the number of shares then is 25.5 MM (10 q of 11/1/98) and the number of shares used in calculations of earnings (loss) is still under 25.5, you know that the $5.9 MM in preferred is not yet counted in the number of shares.

Zeev