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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Robert Cohen who wrote (11079)5/10/1999 11:58:00 PM
From: FMK  Read Replies (2) of 27311
 
Thanks Dr.Cohen! 30mm per year is one battery per outstanding share!

We have heard estimates of anywhere from $8 for small batteries to $100 for laptop batteries. Another rough estimate I heard was over 500mln watt hours per year for six lines. 500 mln wh/30 mln batteries equals 16.6 watt hours per battery.

At $2.50 per watt hour, total revenue could equal $1.25 billion, or $1 billion at $2 per watt hour which falls in line with estimates I have heard.

The plant capacity, of course, is most likely based on three shifts per day on six production lines, I believe, which probably won't be reached until sometime next year.
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