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

To: Pronichev who wrote (5262)	11/17/1998 11:00:00 PM
From: FMK	Respond to of 27311

Dennis, I glanced at the HET/TDI specs of 3.6 volts 800mAh. The 3.6 volts would indicate that they are using higher cost cobalt for cathode material. 3.6 x .8 = 2.88 watt hours. Was it 200,000/month they were planning to produce? Valence's Italian machines are rated 240 bi-cells/minute and it would take about 5 bi/cells to make an equivalent capacity battery or about 48 per minute. It would therefore appear one of Valence's high speed lines could turn out HET's monthly production in about 3 days. Hang on to your stock!