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


To: Pronichev who wrote (6895)1/8/1999 9:24:00 AM
From: FMK  Read Replies (1) | Respond to of 27311
 
At the risk of sounding repetitive, JUST 1 SHIFT ON 1 LINE can make a profit for the entire company, according to CEO Lev Dawson. They now have 3 lines and more on order. Regarding additional production lines, Lev was recently quoted as saying "...I wouldn't have ordered them in a million years if I thought there was a chance of failure."

The stock was at 11 a couple months back and we are closer now than ever before. IMO the $57 average prediction for December makes sense.