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

To: jim heger who wrote (4432)	10/17/1998 11:49:00 AM
From: FMK	Read Replies (2) \| Respond to of 27311

Thanks Jim- Regarding what the other guys are doing, here's a post by Javelyn Bjoli on LITH It was about 80 cents/share when this news was posted and closed Friday at 28 cents. It would appear LITH may have made a false start as ULBI did with their Mitsubishi contract and as Valence did several years ago. <<To: +SBerglowe (91 ) From: +Javelyn Bjoli Wednesday, Aug 5 1998 2:47PM ET LTC Completes Notebook Prototype Lithium Technology Corp., Plymouth Meeting, Pa., has announced that testing has been satisfactorily completed on its prototype lithium-ion polymer notebook computer battery. LTC's battery-pack integration and manufacturing partner, Centurion International, Lincoln, Neb., recently completed the testing and evaluation of the thin, lightweight, long-running prototype. This is the first working model of the battery, which LTC is developing for a top PC maker's advanced notebook application. LTC and the PC manufacturer have been collaborating on this project since signing a letter of intent in January and a technology development agreement in May. <<ELECTRONIC BUYERS NEWS -- 08-03-98, p. PG40>> If Lith and some other Valence potential competitors make a comeback, what should we expect for Valence share price? I heard a number like 300 million watt hours annual capacity for Valence equivalent to $600 million per year in revenue. I believe this is for the first 3 lines and was based on a recent table comparing UBLI's and VLNC's max capacities indicating Valence about 6x ULBI's and about 2.5x adjusted on a per share basis. We should get ready for the inevitable Valence contract announcements.