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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Jay Lowe who wrote (16112)11/15/1999 8:51:00 PM
From: I. N. Vester  Read Replies (3) of 27311
 
Jay, what about profits from Hanil-vlnc?
It might be safe to assume they will add
capacity as fast as Vlnc does. Perhaps
you should multiply by 1.5 to reflect adding
50% of the profits from that venture.

We also have a chance for a very large, very
free revenue stream from licensing. At this
point, hard to know the probability of that
occuring so let's not price it in and then we
can pretend to be very surprised some months down
the road.
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