VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (14259)	9/3/1999 7:56:00 PM
From: Tickertype	Read Replies (1) of 27311

<<Since Lev indicated that with current equipment annual production rates under $80 MM should be expected.>> Zeev, a classic case of seeing a half-empty glass instead of a half full one. What Lev actually said on several occasions was $75 or $76 million was the least he expected, he didn't put an upper limit on it. He also said he expected to run through that level on his way to higher numbers. So we shouldn't use $80 million as some kind of limit or ceiling for what is achievable with the equipment that will be on-site in the next week or two.. - T -

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