SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Dubsky who wrote (329)5/12/1997 3:12:00 PM
From: mooter775   of 27311
 
My understanidng is that the company's engineers are confident that Line 1 is working well enough to begin certification testing reasonably soon. Management is still adhering to its goals of production certificaton by the end of May and normal production by 6/30. Only questions I focus on are when do lines 1 and 2 get certified. OEM orders will come, and they'll be large, once production is certified and the company can demonstrate the ability to meet normalized line goals. Furthermore, I'd guess you can get a rough eps # of $.40 - $.50/share on the first line (assuming $ 45 mm annualized production and 20% atax) and 2xs that on lines 2,3,4,.... So the second question after the certification question on lines 1 and 2 is really what is the rampup on lies 3.4.5....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext