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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Larry Brubaker who wrote (7323)1/22/1999 2:40:00 AM
From: FMK   of 27311
 
Larry, as I mentioned, I waited all afternoon for you to realize that a single Valence production line had about 8x the capacity of Matsushita's intended production. If you were on the ball and posted your calculations based on 240 bi-cells per minute, I might not have posted at all and you could take the credit!

Remember I suggested dividing the numbers by 4 to be conservative and I was using the Matsushita's $6.25 per watt hour to imply that Valence pricing may by more competitive, not the $2 per watt hour that I estimated for Valence!
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