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

To: FMK who wrote (10470)	4/16/1999 12:33:00 AM
From: Larry Brubaker	Read Replies (2) \| Respond to of 27311

Fred, you must be the one who is worried if you are going to keep reposting that drivel as support for your position. I've seen the same exact comments on other threads and in those cases, the shorts were the ones who ended up with the big profits. As far as your comment, "if the company is really running out of money..." There is no "if" about it. They began the quarter with $2.5 million more in short-term liabilities than they had in cash. They are burning $7.5 million per quarter. I sincerely doubt the company has sufficient funds to fulfill a purchase order, (assuming they were ready from a production standpoint, which I doubt) without a significant infusion of money. As far as your "armchair quarterback" comment goes...aren't you the one whose inside sources have been telling you production is a matter of days or weeks for the last two years?