VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: wm sharp who wrote (2485)	3/23/1998 11:42:00 PM
From: Mark Johnson	Read Replies (1) of 27311

I was thinking about sources of revenue and playing with some numbers. I read that line 1 has been checked out to produce 1.25 million laptop batteries per year. With numbers posted earlier on the thread, it should be able to earn between $10 and $30 million per year. $20 million per year would equal $5 million per quarter. Last quarter the company reported 21 cents per share loss for a total of $4.96 million. If the poster was anywhere near correct, production of line 1 alone could almost keep the wolf away form the door (breakeven). If that's true, shareholders should be rewarded when each of the other lines get going. I wish I could afford to buy more stock.

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