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Technology Stocks : ULBI..Ultralife Batteries
ULBI 5.800-3.7%3:03 PM EST

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To: David Maginnis who wrote (399)11/3/1999 11:07:00 PM
From: David Maginnis  Read Replies (1) of 522
 
Does anyone know what?s holding the stock price up? I thought that after such a poor sale performance last qtr it would be down under 3 1/2 by yesterday afternoon. After all when compared to the 4th qtr 99, battery sales were down, battery cost were up, and gross profit was down 12%. In addition, John K said that there is a 95% chance that sales would be further down this qtr and there will be no lithium polymer contracts announced this qtr.

And, does anyone know what that 7.5% Sell, General, & Administrative versus 24% discussion that John K had was all about? It sounds like code to me but I don't know how to decipher it.
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