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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Alex Fleming who wrote (17829)1/27/2000 9:28:00 AM
From: P. Ramamoorthy  Read Replies (2) of 27311
 
Valence gain and volume are getting noticed on the street.

Another topic that I did not quite understand is Yield
What VLNC means by "Yield of 98%"? After the cells are made and tested for charge retention, 98% of the production cells pass certain specifications. If this is what VLNC meant, it is a batch testing of production cells, routinely done by a Quality control lab. It does not say anything about yields at intermediate steps. To understand yields at intermediate steps, we need to define what yield means for each of those steps - bushels of sweet potatos/acre, (interest$/orignal investment$), (kg product out/kg raw material in), etc. For investment purposes, this level of detail may not be necessary. To be competitive with other LiPoly battery manufacturers, hope VLNC plant is operating at the optimum level, producing cells at minimum cost (or at maximum margin). How they can convince VLNC shareholders? Ram
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