VALENCE TECHNOLOGY (VLNC) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Peter Haynes who wrote (4684)	11/5/1998 1:05:00 AM
From: FMK	Read Replies (1) of 27311

Peter- The wisdom I was referring to was the ecomomist's solution. He had appropriately concluded that they should start selling these batteries! During the last conference call Lev said that they have been working on this for almost nine years. He also said they were, intitally, producing laptop batteries on the Klockner line at the rate of five per minute. I remember noting the design rate of 10 per minute. I find it reasonable that they have since achieved somewhere between 5 and 10. Let's say 7.5 per minute, which would correspond to over 3000 batteries per shift. Two weeks ago I spoke with an analyst invited to Ireland by Jordan Goldstein for FRB. He was told he could see automated production from start to finish. It might seem difficult to adjust to after waiting for so long, but after 525,000 shares bought weeks ago by insiders as votes of confidence and conspicuous additions of production personnel, you may have to face the eventuality that we are going to be rewarded. I hope you don't sell for a small profit after waiting so long.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next