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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: golden_tee who wrote (446)3/27/1999 9:20:00 PM
From: Michael  Read Replies (2) | Respond to of 10293
 
<< Are you saying that LiPoly batteries have "little commercial value"?
I certainly hope that that is not your point. >>
My Friend:
Please let's talk reality:
I noticed that "Valence had no revenue for either quarter".
I am stating that whatever techno trash that management states in
it's press releases, pseudo contracts and test results.

That no revenues means a bogus product, not much different than
ALTIF's jig. The jig does exist, it is just not commercially viable.

Sure is a nice day

biz.yahoo.com
<<Valence Technology Announces Third
Quarter Results

HENDERSON, Nev., Feb. 12 /PRNewswire/ -- Valence Technology, Inc. (Nasdaq: VLNC -
news), a research and development company developing advanced, rechargeable, lithium polymer
battery technology for commercialization, today reported operating results for its third quarter ended
December 27, 1998.

Valence reported a net loss available to common stockholders of $11.5 million, or ($0.44) per
share, for the third quarter of fiscal 1999. This compares with a net loss available to common
stockholders of $5.0 million, or ($0.21) per share, for the same quarter of last fiscal year. Valence
had no revenue for either quarter.>>