VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (6322)	12/27/1998 4:15:00 PM
From: Zeev Hed	Read Replies (1) of 27311

Fred, 80% yield is fantastic with a line that has not been operational commercially. I think that the "business assumptions" at ULBI do not reach 80% yield until about eight, maybe 10 quarters of line operations. Since achieving 80% yield so early in the manufacturing process is quite an unusual achievement, why none of the company's formal pronouncements (as far as I have seen) cite this major milestone? As for the pricing of a watt-hour, I would agree with you that $2.5 is not out of the question, at least initially, but it would be nice to know if this include or not the chips required to control charging and discharging. Zeev

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