VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: mooter775 who wrote (4859)	11/11/1998 5:34:00 PM
From: Greg Smith	Read Replies (1) of 27311

Putting asided for a moment whether it was 1800 cells or 1800 batteries per day, Lev definitely used $2.50/Wh as his break-even price. A 3-cell battery from VLNC has between 34 and 50 Wh, depending on where the spec really is right now. So that means Lev needs $85 to $125 per battery to break even, whatever the number produced per day is. Sorry, but no way would $50 per battery "clearly provide for breakeven operation," as you assert. Don't you see why I am perplexed about the claim that line 1 alone will turn a profit?

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