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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: MGV who wrote (5499)11/22/1998 10:24:00 PM
From: FMK  Read Replies (1) of 27311
 
Darkgreen, you didn't yet answer Quashimoto's question. Do you think you are smarter than Alan Shugart? As for my own record, I remember recently suggesting that it is wise for shareholders to hang on to their stock. That was in the 3's, 4's, 5's and 6's. As you are aware, the stock is now in the high 7's. Have you looked at the chart lately?
Is Valence going up?

You also haven't explained how you would count line 1's profits per share on the estimated production past the 1800 laptop batteries per day to break the company even. If it can produce 5 per minute minimum and likely 7.5 per minute for 3 shift per day, how would you project earnings per share at $75 sales price each for one year's production? To make it easy, don't include projections for the high speed Italian lines or joint venture revenue.

I can almost guarantee you will evade these questions, maybe even try to redirect attention, right slippery?
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