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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (4824)11/11/1998 2:41:00 PM
From: Jeff S.  Read Replies (2) of 27311
 
Good job John, however, I think in your rush you made two errors:

10. Break even point, Lev made a point that the break even was on a cash basis, not including deprecitiation.

17. Retooling - It would take 4 months to retool for another cell size.

I thought the CC was upbeat, except at the end when someone again asked if OEM's were getting samples from the live line, and Lev refused to answer. He didn't sound very up beat.

Go VLNC.

Jeff
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