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Technology Stocks : AER Energy Resources (AERN)
AERN 0.000001000-90.0%Jun 3 3:19 PM EST

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To: Glenn Woodruff who wrote (266)9/16/1996 11:16:00 PM
From: Stevefoder   of 621
 
On September 10, you said that Ultralife had a lot of promise and could make a good investment. "Could double or triple within a year."
Since then the price of the stock has dropped about 25% and they reported a poor second quarter.

Sept. 16 Wall Street Journal reported the following:

First quarter: Sales = 4177 K, Net income = -121 K
Second quarter: Sales = 2868 K, Net income = -4028 K

Does your optimism of Ultralife still hold, or is it time to look elsewhere?

How confident are you in the future of Ultralife?

Do you have a feel for the degree of risk / reward?
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