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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: add who wrote (22220)11/10/2000 6:05:21 PM
From: Rashomon  Read Replies (2) of 27311
 
How many orders and how much production? I think VLNC has to build out at about the CIBC projected rate for credibility and demonstration purposes. If we're expanding into a potential $7B market, there is room for a large number of players. Achieving the CIBC goals, according to Lev's previous conference calls, shouldn't require much additional capital investment. VLNC needs to utilize the capital it's already spent and build batteries profitably. That'll be the best possible demonstration of the technology, and the best course for shareholders as well.
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