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

To: FMK who wrote (5094)	11/15/1998 12:34:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 27311

FMK: I have been listening to VLNC CC's for over a year and have yet to hear them say anything about what the ultimate capacity of Line 1 is. The closest I heard to anything resembling a capacity number was 5 per minute a while back. So I went back to the Red Chip article from a year ago. They estimated the capacity for Line 1 at 2-3 million "units" per year, but don't say whether a "unit" is a battery or a cell. I am assuming a cell because they estimated the price per unit at $20. Thus, Red Chip's estimate from a year ago was that the full revenue capacity for Line 1 was $40 to $60 million.