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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Bruce A. Thompson who wrote (6087)12/18/1998 5:29:00 PM
From: FMK  Read Replies (1) of 27311
 
Did I hear 1 million batteries per month?

This is the quantity of cellphone batteries that Joint-Venture partner Hanil Valence intends to start producing in South Korea next year. I also stated this capacity for one of Valence's own Italian lines.

Last I heard, Valence can breakeven with 1800 laptop batteries per day or about 630,000 per year with different production line. I estimate line 1's current capability as 8000 per day or about 3 million laptop batteries per year. This is about 4x the 1800 per day required to break even.

Will the results be profitable? The numbers look good to me.
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