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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Jeff S. who wrote (1888)1/8/1998 12:10:00 AM
From: FMK  Read Replies (1) of 27311
 
Jeff and Tackman, It's good to know that others concur with the point I was trying to make. It makes sense that VLNC's unit cost should lessen with larger automated production volumes and in-house lamination plant.

Also relevant, of course, are the extremely low NI tax rate and the Gov't rebate once production gets underway.

I chose to limit the comparison to production capacity alone for clarity.

You chose an excellent time for mentioning these other factors!

Thanks and Regards, FMK
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