VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: golden_tee who wrote (7465)	1/24/1999 11:32:00 PM
From: FMK	Read Replies (1) of 27311

Hi Robert, It's a lot less complicated than Zeev makes it seem. Valence was reportedly running 5 laptop batteries per minute on line 1 in August. It would take 1800 per day to break even. One shift per day on line 1 should do it. I believe line 1 can run more than 5 per minute by now. The 270 in Northern Ireland are several times what's required for that 1 shift. What are the odds that they are running more than one line or more than one shift? My bet is the 270 are making batteries and its more than enough to break even. In that case, they are already producing at a profitable rate. As mentioned earlier, multiple product development programs are likely to have started back in August when Lev stated they were discussing delivery schedules, pricing, terms and conditions.

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