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Technology Stocks : ULBI..Ultralife Batteries
ULBI 6.330-3.5%3:59 PM EST
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To: Justin Pressley who wrote (103)10/27/1997 8:02:00 PM
From: webpilot  Read Replies (2) of 522
 
Justin, I agree it didn't do too badly. I always have too many shares when it goes down and not enough when it goes up. With the stock tightly held by insiders and a very large short position, the stock should have some support. I don't think that HP would put a fire sale on their OMNIBOOK line unless they had a solid commitment for batteries for the new ultra portable. Two discount announcements this month certainly signals to me that the ultra is a definite go, batteries included!!! It wouldn't surprise me if they have the production line running in a fully automatic mode by Thanksgiving. HP is telling us this by their serious discounting of an outdated computer.
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