ULBI..Ultralife Batteries Message Board

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Technology Stocks : ULBI..Ultralife Batteries

ULBI 5.050

-9.2%

Nov 18 3:59 PM EST

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To: kvogel who wrote (182)	3/1/1998 12:26:00 PM
From: webpilot	Read Replies (1) of 522

Without knowing the exact details of the secondary, I also view it as very bullish. Presently the undiluted shares have the equivalent of $2 per share in cash. The fully diluted shares will have in excess of $5 per share in cash. With the absence of debt, plenty of cash, both the stockholders and the company are secure. The major holders of the stock are all well respected, large corporations. With the Mellon Bank holding over 10% and the Wisconsin Pension Fund holding 5% we are in good company. That is why I believe that the secondary will be quickly snapped up with little downside pressure on the stock.

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