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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: add who wrote (8152)2/10/1999 7:08:00 PM
From: Dennis V.   of 27311
 
Hi Add, reposted, courtesy, Mooter...

John Curtis (4836 )
From: mooter775
Wednesday, Nov 11 1998 1:59PM ET
Reply # of 8160

I am pretty confident that Lev said 1,800 batteries per day. Fred knows the
calculations, but as I recall, at $ 2.50 per watt hour one can justify north of $ 80 per
laptop battery. Using $ 75 per laptop battery, then 1,800 per day implies annual
revenue of > $ 40 mm. And given a 60% gross margin, one can reasonably justify cash
flow breakeven.

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