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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Zeev Hed who wrote (5933)12/12/1998 8:59:00 PM
From: Larry Brubaker  Read Replies (1) of 27311
 
Zeev: Red Chip's article did not identify whether the "units" they referred to were cells or batteries. It might be reasonable to assume Red Chip's "unit" was a cell, given they assumed $20 per unit.

However, regardless of whether it is cells or batteries, Red Chip estimated line 1's total capacity at 3 shifts was $40 - $60 million per year ($20 per unit X 2-3 million units). That is a big difference from FMK's $300 million ($75 per battery X 4 million batteries).
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