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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Zeev Hed who wrote (7831)2/3/1999 7:57:00 PM
From: mooter775  Read Replies (2) of 27311
 
Zeev,

Am I missing something? If you think ULBI will have 10 mm watt hrs/year capacity by Q4 2000, isn't that only $ 25 mm of potential li-poly revenue per annum at $ 2.50 per watt hour? Not a heckuva lot it seems... And what gross margins would you assume at these levels?

Granted the 9v battery business may be a nice business, but I don't see it jumping off the shelf - a roughly 20% gain quarter over quarter is certainly fine, but where does the margin expansion come from? Many more 9vs?
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