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

To: FMK who wrote (6394)	12/29/1998 6:48:00 PM
From: Zeev Hed	Read Replies (4) \| Respond to of 27311

FMK, I am sorry if I misquoted you, but I thought that is what you said in the following 6 posts, if you agree with me, I would accept your apology (VBG).\: techstocks.com "It is my opinion that before too long the company should bring line 1 up to 8000 good batteries per day. If line 2 for some reason becomes set up for laptops, it is believed capable of 20 per minute or about 26000 x per day x 80% yield. Add these two together and its 34,000 per day with a likely selling price over $65 each. 28,000 x $65 350 days/year = $637,000,000 per year potential revenue from two production lines. To estimate earnings, a conservative 30% yields $191,000,000/28 million diluted shares equals $6.80 per share potential earnings from the first two assembly machines! or: techstocks.com "My engineering logic tells me to go back to the 1800 per day from line 1 to break even. Revenue from the 1800 should pay all the expenses including amortized cost of the plant. Any additional batteries, up to 8000 per day for line 1 and from any of the other" or techstocks.com I estimate line 1's current capability as 8000 per day or about 3 million laptop batteries per year. This is about 4x the 1800 per day required to break even. Mind you, I was understating your comment claiming only 4.8 MM from two lines vs your 6 MM. In another post you state clearly: Valence comes out clearly a winner. Remember, as of August 12,all they have to do is make 1800 laptop batteries per day to break even. Line 1 should be able to produce 8000 per day with 3 shifts, or: techstocks.com To: Greg Smith (4867 ) From: FMK Wednesday, Nov 11 1998 6:29PM ET Reply # of 6395 I figure line 1 should be able to turn out 8 per minute x 60 min/hr x 23 hr/day or 11,000 per day. I would round down to 8000 per day which is a little more than 4x the 1800 per day required to break even. So Fred, did I stoop to misquoting you, or do you owe me an apology? Happy New Year.