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


To: FMK who wrote (3682)8/12/1998 8:37:00 PM
From: golden_tee   Read Replies (1) | Respond to of 27311
 
A really crude calculation:
1 line is breakeven
Burn guess of $20M/year
6 lines
$120M in annual sales if all lines are up and running and all product is being sold.
Wild guess of 20% of total revenues will be net income
$24M in profit
about 25M shares outstanding
about $1/share in earnings
PE of 20
Share price $20
Anyone have any thoughts on this CRUDE calculation?
Bob