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

To: Jay Lowe who wrote (7755)1/31/1999 3:18:00 PM
From: Dennis V.  Read Replies (1) | Respond to of 27311
 
Jay, market watchers recently forecast 25% market penetration by li poly in 5 years. This sounds much too conservative. I'll take a guess at 65% in 5 years. Probably reach 25% in 1-2 years.

Who knows what the PE will be. Most small growth companies run 30-50 once earnings track record is established. I think the higher number during the 00-01, the lower number in later years.


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