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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (6300)12/26/1998 8:05:00 PM
From: FMK  Read Replies (2) of 27311
 
By "qualification of the line" you are of course referring to line 3. It is my understanding that lines 1 and 2 have already been production qualified(you may want to do your own research on this) and the timetable you are referring to must be for line 3. Its comforting to know that line 1 alone can pay all the bills with 1800 laptop batteries per day and that is less than 1 shift.

Message 6703800

It is also comforting that we may soon see a contract for laptop batteries. It would be nice if line 3 was also installed and running, but lines 1 and 2 alone should be able to earn $3 per share, so why are you so concerned about the timetable for line 3?
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