A simple tight-binding theoretical model is proposed for spin-dependent, current-in-plane
transport in highly coherent spin valve structures under specularity conditions. Using
quantum-mechanically coherent and spatially quantized Fermi states in the considered
multilayered system, a system of partial Boltzmann kinetic equations is built for relevant
subbands to yield the expressions for conductance in parallel or antiparallel spin
valve states and thus for the magneto-conductance. It is shown that specularity
favors the magnetoresistance for this structure reaching a high value (very close to
100%). This result is practically independent of the model parameters, in particular it does not
even need that the lifetimes of majority and minority carriers be different (as necessary for
the quasiclassical regimes). The main MR effect in the considered limit is due to the
transformation of coherent quantum states, induced by the relative rotation of
magnetization in the FM layers. Numerical calculations based on the specific Boltzmann
equation with an account of spin-dependent specular reflection at the interfaces is also
performed for a typical choice of material parameters.