VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: mooter775 who wrote (1333)	11/11/1997 9:25:00 AM
From: FMK	Read Replies (1) of 27311

Mooter, It was my understanding that 240 per minute was observed last summer while standing alongside with a stopwatch. This is the number that translates to 12 mln batt/yr if run 3 shifts. As we discussed on the thread, using 1/2 shift per day to start and a number of other discounted figures, Red Chip Review was stlll able to see profit by the end of next year for only 3 lines with results that were in the top 2% of their 300 reviewed stocks in terms of price target % increases. By the way, I was E-mailed by Red Chip's editor who reminded me how conservative they are and how much room there is to adjust their numbers upward! Regards, FMK

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