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Technology Stocks : Electric Fuel (efcx) Comments

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To: Jim S who wrote (55)	6/28/2000 1:48:00 PM
From: Daniel Shaffer	Read Replies (2) of 121

Israel and batteries I hadn't heard about the military sales. Re. EFCX, that is a stretch unless there is information indicating that the military is one of their customers. The BusinessWeek article said the EFCX batteries for cell phones and Palm-type computers will be priced at $5.00 each. That is probably an attractive price to the business traveler and they could possibly sell hundreds of millions of batteries at that price. Of course, if the retail price is $5.00, the actual revenue per unit to EFCX is likely to be something on the order of $2.00. Even assuming EFCX has this market all to themselves, it looks to me like they will have to sell tens of millions of units just to get to a break-even point.

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