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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Robert Cohen who wrote (13643)8/12/1999 1:26:00 PM
From: Chuck Lehman  Read Replies (2) of 27311
 
My notes said that with the current investment in equipment they can begin to produce at an annual rate of $76 million per year.

With IDB funds and an additional $11 million from Valence they can increase the capacity to an annual rate of $250 million.
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