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

To: Zeev Hed who wrote (6332)	12/27/1998 10:01:00 PM
From: FMK	Read Replies (1) \| Respond to of 27311

Thanks Zeev, It still appears that line 1 alone can make the company profitable with a single shift at 2500 batteries per shift. The added head count may be stretching it though, but they have been added, presumably, for other shifts and production lines etc. The NI plant should become a 3-shift per day, 7-day per week operation like most factories that have orders, so I would expect something like 330 days per year might become a better number for estimates. With building & all paid for with just 1 shift from the first line, it makes it even more interesting to estimate profit contributions from added line 1 shifts and for the high speed lines! Regards, FMK

To: Zeev Hed who wrote (6332)	12/27/1998 11:28:00 PM
From: Bruce A. Thompson	Respond to of 27311

Zeev, Slightly OT Happy Holidays to you. From the www.nasdaq.com web site.... Annual Changes to The Nasdaq-100 Index, New Index Share Product on The Nasdaq-100 Index -------------------------------------------------------------------------------- Monday, December 14, 1998 Washington, D.C.—Effective with the market open on December 21, 1998, the components and weightings of Nasdaq-100 Index® will change. In addition to the annual re-ranking, this year's changes will, for the first time, include a re-balancing of the Index. Essentially, the Index will change from being a market-capitalization weighted index to a modified market-capitalization weighted index ("Adjusted Index"). The following issues will be added to the Nasdaq-100 Index: Amazon.com, Inc. (AMZN); Intuit Inc. (INTU); NTL Incorporated (NTLI); VERITAS Software Corporation (VRTS); Vitesse Semiconductor Corporation (VTSS); Lincare Holdings, Inc. (LNCR); McLeodUSA Incorporated (MCLD); Dollar Tree Stores, Inc. (DLTR); and Comair Holdings, Inc. (COMR Bruce