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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: John Curtis who wrote (1192)	10/26/1997 1:38:00 PM
From: Tickertype	Respond to of 27311

John I agree completely. As Cal Reed said, he'd be happy if he gets 2 - 5% market share, so the competition really isn't a factor. But it just bugs me to have the other guys get the benefit of our company's hard-won efforts! On the brighter side, I keep thinking about the eps numbers that have been suggested by some of our excellent posters, like FMK, Mooter, and others, and we're looking at 3-digit share prices in '98 even assuming very modest p/e' ratios. Apparently we'll have two cellphone lines and one laptop line to start with. I'd guess line 4, arriving at the end of Q1, would be set up for laptops because of the greater revenue potential. Even at half speed, which from all reports now produces good product, the eps by mid-year '98 should fall in the $5 - $8 range, Irish govmt rebate of $1.40/sh included! I'm trying very hard to increase my position even more. I just hope I don't run out of time before I get the additional funds I'll need. Regards, - T -