SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brubaker who wrote (11294)5/22/1999 11:04:00 AM
From: MHS  Read Replies (1) | Respond to of 27311
 
<<In all honesty, then, the 'negative working capital' is a nonissue from that point of view.>>
<<It may be a nonissue, Rich. But I'd guess it is this nonissue that is keeping a lid on the stock. >>

I can't disagree with either statement. Clearly P.O.s are the only proof the market will accept -- and should. However, it is evident that Carl, Lev and company have set a game plan and are meticulously following it. My guess is in the next couple of months, the final chapter will unfold -- good or bad that's the risk. My bet is good.

mhs



To: Larry Brubaker who wrote (11294)5/22/1999 4:45:00 PM
From: Gordon Quickstad  Read Replies (2) | Respond to of 27311
 
What is "negative working capital"? To me this would mean that they're in default, but I don't even know if they have any credit lines. Does it mean that they owe more than the liquidation value of the company?