VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: FMK who wrote (7818)	2/3/1999 4:38:00 PM
From: add	Read Replies (1) of 27311

We don't know the costs of running the lines. Since Valence has never run a line, my guess is they will be quite inefficient for a while unless they have some real good re-engineers on board. We can't really say what the share price will be until Valence gets a contract and starts producing. Its fruitless to even guess. If Valence does not get a contract this year, they are dead, if they get a decent contract they will make us all rich just based on (expected future) revenues. The key uncertainty is not production or capacity but technical/commercial feasibility. Once we get over that hump, we can start looking at margins.

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