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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Gordon Quickstad who wrote (405)5/20/1997 1:49:00 PM
From: John Curtis   of 27311
 
Thanks Gordon!! That's a nice site. Hmmmm, total employee count to be
660, roughly. I'll assume that's when all lines are up and operational?
Divide that 660 figure by the number of lines(is it 4?) minus admin.
staff(anyone want to guess how many admin/mgr types?- let's say 30) and
you have 135(roughly) per line. Your site said they'd be hiring over
the next few months(I guess in parallel to line startup?) so assuming
the first line is ready to go and they have 50 people already, then
they need another 70 or so. Anyone have access to employment data for
that area of Ireland to determine if they've started "beating the bushes?"

Meanwhile; I'm feeling "warmier and fuzzier" about VLNC than I have since
I started following them(didn't buy although I did short 'em) back when
they first had their Ireland plant SNAFU. Here's to breaking $10 poste
haste!!

See ya in the market!! John~
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