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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Larry Brubaker who wrote (6093)12/18/1998 10:58:00 PM
From: FMK  Read Replies (2) of 27311
 
20% of 15 mln laptops amounts to 3 mln per year which approximates the annual capacity of Valence's line 1. This is about 2.3 mln more than required to break even. $2.3 mln x $75 x 33% profit/30mln shares equals about $1.91 per share. If we take half of this to approximate ramp up, the result is 95 cents per share for the first production line alone.

You shouldn't have sold out!
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