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

To: Bill Wexler who wrote (1178)	5/25/1999 11:53:00 PM
From: Peter V	Read Replies (5) \| Respond to of 10293

There is no stock involved here, but this is too good to let pass. This looks more like the Weekly World News rather than a PR Newswire: biz.yahoo.com Who knows, VLNC may buy the static converter to charge their batteries . . .

To: Bill Wexler who wrote (1178)	5/26/1999 1:45:00 PM
From: BelowTheCrowd	Respond to of 10293

Bill, I've seen some situations where that kind of arrangement makes sense. Usually they involve HUGE multinationals with billion-dollar tax liabilities worldwide. Often the complexity (and overhead cost) related to these arrangements is small potatoes compared to the savings which result from transacting certain businesses in the most favorable tax regions. I have never in my experience seen a company the size of Valence which can benefit significantly from these arrangements. Hence my view that they're just trying to confuse the financials.... mg