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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: geep who wrote (25964)4/1/2003 1:08:31 PM
From: P. Ramamoorthy   of 27311
 
"...formal operation in 2004, with a yearly capacity of 100 million Watt/h, ..."

When NI plant confirms their target production of 5 MM wh/month, the total capacity of the Saphion battery will be 160 MM wh per year in 2004.

Plus capacity from other licensees?

Large format applications - margin can be higher. (May be they can scale up production faster.)

Hope soon to find out how their e car battery and backup power module have been testing in the next call. The stock price is, slowly and surely, responding. Ram
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