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Technology Stocks : Better Batteries: VLNC and ULBI

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To: Justin Pressley who wrote (20)7/6/1997 4:08:00 PM
From: Gordon Quickstad   of 24
 
I think if you can pick up some VLNC below 6 that would be great (for you - we who are invested will not be happy). I don't think it'll go lower unless there's a big battery company that announces general availablility of the technology or rumors surface that VLNC is going to be delayed further. The one quarter delay seems like it will tolerated at about the current price, but another quarter delay will surely cause damage.

Investor's seem to be saying to ULBI "Show me the money". The stock was as high as 24 near the end of 1995 and has slipped to as low as about 8 about the end of 1996. The company continues to show negative earnings each quarter. Any positive earnings growth will be the catalyst for moving up. That seems like it will happen within a couple of quarters.
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