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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (46)1/30/1997 6:37:00 PM
From: Alex Fleming   of 27311
 
FMK.

Wall Street really has rewarded companies well once they bridged the gap between losses and profitability. Once their product has been accepted in the market places significant momentum should develop pushing the P/E much higher. I have done a bit of "back of the envelope" forcasting with quite a range of results so I don't trust my estimates too much yet.

I will run the numbers again and post my results and assumptions. Then hopfully as a group we can add or throw out anything that does or does not make sense and come up with a better set of guesses!

Take care,

Alex
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