  We present a theory of coherent quantum transport in ferromagnetic/
non-magnetic/ ferromagnetic heterojunctions. We predict quantum coherence to
give rise to a quantum spin valve effect that, unlike its familiar classical
analog, occurs even in the absence of a net spin current through the
heterostructure. Thus the relationship between spin and charge transport is
qualitatively different in the presence of quantum interference than in the
(semi)classical regime. This has important implications for the design of
quantum coherent spintronic devices and the interpretation of experiments.
