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Technology Stocks : ULBI..Ultralife Batteries -- Ignore unavailable to you. Want to Upgrade?

To: webpilot who wrote (121)	11/9/1997 6:32:00 PM
From: Javelyn Bjoli	Read Replies (1) \| Respond to of 522

webpilot, thanks for posting that article link, I might have missed it for a couple of days otherwise. As I've said here, I believe ULBI to be a more believable story than VLNC regarding production. That makes the story much more scary to me because it casts large doubt over the technology rather than hand VLNC a big advantage. I have been completely out of both stocks for a couple of months waiting for the real story to develop. I am as bullish on the technology as anyone on SI, but the level of froth in the VLNC thread scares me. I think it will be much less, much later in 1998 than presently predicted. 1999 should be a good year for polymer, but 1998 is a big question mark with a lot left to be proven by the would-be vendors. When I am convinced that they are ready to go with production I will buy into these stocks.

To: webpilot who wrote (121)	11/9/1997 9:58:00 PM
From: Tickertype	Read Replies (1) \| Respond to of 522

Thanks for your response. Seems a really lively discussion has now ensued on the other thread. While I agree with Javelyn that 1998 is likely to be a very unpredictable period in which the stock prices of these companies may rise and fall dramatically over relatively short periods, I do have a different view on VLNC. While the initial spike will not be supportable by earnings, I believe that they will show a steady rise in earnings because the schedule calls for the continuous increase in production capacity with the addition of a new line every quarter. In addition, the joint ventures will also eventually begin to add to the revenue stream. I'm not sure what ULBI's plans are with respect to capacity, but I assume they have a similar plan. I don't think the PC Week article will have any lasting effect on the price, either. I also agree with Javelyn that LITH looks like a good longer term opportunity, and I will be buying some shares soon. Regards, -T-