VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: hcirteg who wrote (1826)	12/28/1997 11:54:00 PM
From: FMK	Read Replies (1) of 27311

HC, Thanks for your series of informative posts. I have been logging some very long hours with industrial process machinery and will be directing available cash toward acquiring VLNC while the price is so low. I am convinced that the stock is greatly undervalued and the comparison with ULBI's actual solid polymer capability with VLNC's expected Q1 startup continues to serve as a reminder. As far as I can determine, Valence's first 3 production lines will have 5 times the capacity of ULBI's single line or twice the solid polymer capability per share. At Friday's close, a dollar invested in Valence would purchase 17/4.5 x 2 or about 7.5 times the solid polymer production capability as a dollar invested in Ultralife! What a difference a few contract announcements and some PR can make! It's been a rough ride but It looks like 1998 will be the year for Valence. Regards from FMK

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