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

To: Robert Cohen who wrote (11079)	5/10/1999 11:26:00 PM
From: Tmoore	Respond to of 27311

Thank you Dr., Great find... Tmoore

To: Robert Cohen who wrote (11079)	5/10/1999 11:58:00 PM
From: FMK	Read Replies (2) \| Respond to of 27311

Thanks Dr.Cohen! 30mm per year is one battery per outstanding share! We have heard estimates of anywhere from $8 for small batteries to $100 for laptop batteries. Another rough estimate I heard was over 500mln watt hours per year for six lines. 500 mln wh/30 mln batteries equals 16.6 watt hours per battery. At $2.50 per watt hour, total revenue could equal $1.25 billion, or $1 billion at $2 per watt hour which falls in line with estimates I have heard. The plant capacity, of course, is most likely based on three shifts per day on six production lines, I believe, which probably won't be reached until sometime next year.

To: Robert Cohen who wrote (11079)	5/11/1999
From: mooter775	Read Replies (1) \| Respond to of 27311

Thank you, Dr. It certainly parallels the feelings that I received when I visited the facility.

To: Robert Cohen who wrote (11079)	5/11/1999 8:54:00 AM
From: John Curtis	Respond to of 27311

Good "catch" on that Financial Times report. And Mr. Dawson is now on public record with his, "Lev Dawson, Valence's chairman, says these(meaning past) difficulties have now been overcome. While he is not forecasting how many batteries the plant, which has an annual production capacity of 30m a year, will be making this year, he says: "We are way ahead of anyone else in our production plans." There ya go. We be getting closer, and closer. Clearly the path is being "greased", with this Financial Times report the latest oiling. Now, about those p.o.'s.... John~