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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: gvander who wrote (732)7/7/1997 1:28:00 PM
From: gvander   of 27311
 
Different perspective?

1. The global market for lithium polymer is projected to be $500 million in 10 years

newspage.com

2. Valence projects getting 2 to 5 percent of this market

3. If it gets 5 percent than it is selling for 6 times 2007 sales

Does this seem overvalued to anyone else? Maybe focusing on micro capacity issues is incorrect considering the market size and the projected aggregate capacity of the entire industry. Maybe other factors are more important--oems, marketing, product line, battery performance, committement etc.

techstocks.com
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