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Technology Stocks : ULBI..Ultralife Batteries
ULBI 7.030+2.5%Oct 31 9:30 AM EST

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To: David Maginnis who wrote (448)4/14/2000 8:56:00 PM
From: Dennis Roth  Read Replies (1) of 522
 
>>I talked to ULBI investor relations last Monday and they believe that the Nokia LithPoly batteries are made by Sanyo. <<

David, here are some links on that Sanyo cell. It seems to be a gel electrolyte type.
globalsources.com
darnell.com

>> I don't believe that last qtr earnings are going to be that great <<

They warned at their last CC that primary battery sales would be flat or down. There hasn't been any news of new orders that would have changed that. Unless Bill Schmitz the new Vice President of Manufacturing has pulled off some miracle in adjusting inventories and improving margins, the last quarters numbers will be worse than the quarter before.

>>I'll be waiting to see how low the mm's can lower the price.<<

If it gets down below $6, I may pick up some more shares, provided of course that the reason for being below $6 isn't due to some major company problem.
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