SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tickertype who wrote (1828)12/29/1997 10:03:00 AM
From: FMK  Read Replies (3) of 27311
 
T, It is my understanding that line 3 (the 2nd high-speed line) remains allocated for NI and the 3rd high-speed line for Hanil. I beleive you are correct that the decision is related to available cash which, last I heard, should keep them going thru March.

Another way to look at the disparity with ULBI pricing is that Valence's first 3 lines have twice the solid polymer cabability per share. If ULBI is fairly valued at $17 and this was based entirely entirely on their solid polymer potential, then Valence would be fairly valued at $34 when contracts are in place!

We know, of course, that ULBI has had revenues from non-rechargeables for a long time, but Valence has revenues from GM and will have revenue from joint ventures!

Best Regards, FMK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext