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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Greg Smith who wrote (4858)11/11/1998 4:37:00 PM
From: mooter775  Read Replies (1) of 27311
 
My recollection from this and prior conference calls is that the breakeven is 1,800 batteries per day, and it is my understanding that the line 1 realized production capability is well beyond that. I also believe that the company is negotiating prices per battery in excess of $ 50 per battery, which would clearly provide for breakeven operation. Lev has stated on at least two other occasions in prior conference calls that he felt that Valence could break even on the initial line.
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