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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (7844)2/3/1999 10:13:00 PM
From: FMK  Read Replies (1) of 27311
 
Will Valence produce more laptop batteries than world demand by the end of the year?

Consider this example for Line 1.

Its maximum footprint is 4x5 inches. A 4x5x 6mm thick cell should hold about about 30 watt hours with the new chemistry. four of them packaged edge-to-edge would be 8x10 inches would nicely fit into a laptop cover or behind the screen and hold about 120 watt hours. They should be able to make about 1 million of these per year.

My combined estimate for 3 lines was 250 million watt hours per year. At 120 watt hours per battery, this would be about 2 million laptops per year. Please explain how I projected "....they would produce more batteries by the end of the year than the world demand for laptops and cell phones combined...." Does 2 million portable computers exceed the world demand? If not, maybe Valence is ok to have ordered more production equipment.
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