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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: John Curtis who wrote (4836)11/11/1998 1:59:00 PM
From: mooter775  Read Replies (1) of 27311
 
I am pretty confident that Lev said 1,800 batteries per day. Fred knows the calculations, but as I recall, at $ 2.50 per watt hour one can justify north of $ 80 per laptop battery. Using $ 75 per laptop battery, then 1,800 per day implies annual revenue of > $ 40 mm. And given a 60% gross margin, one can reasonably justify cash flow breakeven.
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