ULBI..Ultralife Batteries Message Board

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Technology Stocks : ULBI..Ultralife Batteries

ULBI 6.580

+0.3%

11:59 AM EST

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To: Justin Pressley who wrote (107)	10/28/1997 3:38:00 PM
From: Greg Werlinich	Read Replies (1) of 522

Justin - The majority of that $30 million is being spent on the new production line. Once the line has been approved, shipped and installed, they will have drawn that amount down significantly. Webpilot, I would not count on "fully automatic" production by Thanksgiving. That is probably way ahead of things. I believe there will be a gradual ramp up of production as they move from manual production to semi-automatic to automatic. Remember, Mitsubishi/HP is only one of their clients. They will not be able to devote 100% of their production capacity to making the laptop batteries. As for the rest of you guys, I really believe that this is a minimum of $50 within the next two years. Once they prove that they can manufacture these batteries automatically, they will quickly turn profitable. Their regular 9 volt and other batteries are doing well. The company is really poised to take off. I wouldn't be selling this stock. Greg

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