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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (16243)11/17/1999 9:50:00 PM
From: I. N. Vester  Read Replies (1) of 27311
 
Red Chip Revue price target for Valence

Since you have it in front of you Larry, please
help us out. The price target he had
for the stock was $18 based on 30x
.60/share annualized earnings by the time they
were 1 year to 18 months after getting into
production.

What were the sales on the quarter where he
had them reaching .15 earnings?

btw since you have the published analysis at hand,
why didn't you just give us their share price target?
that would have been more objective, would it not?
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