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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (7311)1/22/1999 1:59:00 AM
From: Larry Brubaker  Read Replies (1) of 27311
 
100,000 batteries per line per day? 6 lines? $875 stock price?

Fred, you are getting so far into out into that cow pasture you are going to have a hard time finding your way home. Maybe I should get you a cow bell?

As a reality check, 100,000 batteries/line/day X 250 days/year X 6 lines = 150 million batteries per year. This amount far exceeds the combined annual market for cell phones and laptops.

Maybe you should first worry about how VLNC will pay for one line, before you worry about VLNC commanding more than the entire world market for high performance secondary batteries.

I assume the reason Klockner filed suit against VLNC is because VLNC didn't bother to pay them for that line. Maybe your inside sources could fill us in on the status of Klockner vs. VLNC?
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