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Technology Stocks : ULBI..Ultralife Batteries
ULBI 6.420-2.1%2:37 PM EST

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To: Gordon Quickstad who wrote (106)10/28/1997 9:05:00 AM
From: Justin Pressley  Read Replies (2) of 522
 
>"I'm a bit concerned that ULBI won't have the money to expand their successes very fast."

I wouldn't be worried about that. They would be able to get a loan from endless # of banks, and if that fails, issue more stock, or some preferred paper debt of some sort. With their product's future, I'd imagine it wouldn't take long to find a bidder.

What happened to that $30 mil in the bank they had a few months ago?

JP
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