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


To: Javelyn Bjoli who wrote (122)11/10/1997 12:34:00 PM
From: Gordon Quickstad  Respond to of 522
 
Javelyn, your caution appears to be very warranted indeed. ULBI held up in early morning trading and is down about 3% almost 2 hours into trading on about 92000 shares. I was shocked to hear of a short in the battery and even more shocked to hear of the manner of speech from the buyers of the technology! That the problem would happen on its way to a dog and pony show was the worst kind of luck. I think there is a lot of explaining to do, but unfortunately, investors are in a poor position to hear any of it.