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


To: Jay Lowe who wrote (6092)12/18/1998 10:08:00 PM
From: Larry Brubaker  Read Replies (2) | Respond to of 27311
 
Jay, Thanks for the effort. A couple of comments.

VLNC already has more than 25 million shares outstanding. Certainly more are to be issued as Castle Creek converts preferred shares to common. IMO, you should use a minimum of 30 million shares.

Also, IMO it is quite optimistic to assume VLNC will capture a 20% share of the laptop and cellphone markets in the first year of production.