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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: gvander who wrote (5113)11/15/1998 4:06:00 PM
From: kolo55  Read Replies (1) of 27311
 
Your post 5103 one of most mis-leading posts I've seen on SI.

You just finished pounding the company for buying too much equipment, and then post a bunch of financial ratios based on one shift production of the portable computer battery line. What about the second shift? What about the cellphone line?

The current market cap is $250M, and the company could easily get $200M from these two lines. The forward PSR in one year, given no change in the stock price, would be 1.25. The S&P 500 trades about 6-7 times forward revenues. If Valence achieves the expected revenues, then the market cap could easily exceed $1B, or about 35 a share, and still trade at a discount to the S&P.

I responded to your last post requesting a top down analysis based on end market sizes, giving detailed info, and you never answered back.

I hope you don't stoop to this kind of mis-leading posts in the future.

Paul
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