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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Jay Lowe who wrote (16112)11/15/1999 10:30:00 AM
From: kolo55  Read Replies (1) of 27311
 
I think your numbers are right, but conservative.

Valence will have a Gross Margin much better than the normal manufacturer, so should get a higher PSR. Also the markets Valence are selling into are growing at 25% a year.

Paul
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