ULBI..Ultralife Batteries Message Board

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Technology Stocks : ULBI..Ultralife Batteries

ULBI 5.820

-6.7%

3:59 PM EST

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To: webpilot who wrote (310)	12/1/1998 9:54:00 PM
From: David Maginnis	Read Replies (1) of 522

I went in a several Radio Shacks 2 weeks ago, one had no ULBI 9v's and the other had about 20, I did not buy any batteries. Yesterday went to buy some ULBI 9v batteries and the same one had none and the other one had 4. I bought those 4. Today I went into another Radio Shack in another town and they had about 20 ULBI 9v. I asked the clerk if they were sell well and if there had been any complaints. He said that they were selling very well and they had no complaints. He thought that they were very good batteries. So, by FMK analysis, 20000 9v/day X 300 days X $1 profit per 9v=$6M ($6M/10M shares) X P/E of 10= $6/share And that is only one of their products! It does not count their technology contracts or other batteries or their $3M cash on hand. Talk about a bird in hand as opposed to two in a bush.

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