VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (7813)	2/3/1999 4:25:00 PM
From: FMK	Read Replies (2) of 27311

Zeev, I was referring to a post earlier today on Yahoo. When the poster referred to problems at ULBI, I will venture a guess that he was referring to the resignation of their CEO. When Cal Reed resigned as CEO of Valence and was replaced by Lev Dawson, the stock went dropped in months that followed. ULBI seems to have taken forever to get their Klockner line running. Do you know if they have it fine tuned yet and turning out batteries that compare in performance to Valence's product? The last time I compared, Valence's first 3 production lines have about 5 times the capacity of ULBI's single line. On a per share basis, Valence shareholders own over twice the li solid polymer capability per share. As far as I can tell, Valence batteries outperform ULBI's. With production capacity per share as a yardstick, Valence share price should be over twice ULBI's. When ULBI announced their since failed Mitsubishi contract, share price went to $20. Using the capacity per share yardstick, what should we expect for Valence share price when a contract is announced?

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