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

To: Mahin M. Samada who wrote (129)	11/12/1997 7:34:00 PM
From: FMK	Read Replies (1) \| Respond to of 522

I was also faxed copies of 2 letters from Scott Hansen of Mitsubishi Electronics America dated November 12. The first is to the "letters to editor" dept. The second was to the Editor in chief, requesting that a correction be published by the magazine. The important points, as you have already quoted, are that the battery did not cause the problem and that Mitsubishi plans to incorporate solid polymer technology into its products, as further emphasized by the statement: "MITSUBISHI ELECTRONICS IS COMMITTED TO DEVELOPING LIGHTWEIGHT, POWERFUL COMPUTERS, AND SOLD POLYMER BATTERIES PLAY A KEY ROLE IN ACHIEVING THESE GOALS." I don't believe John Spooner intended to derail anyone's technology. He apparently captured some spontaneous reactions just when things had "heated up", and found that it made a good headline. It's unfortunate that there wasn't time, perhaps due to the issue's deadline, for the real cause of the problem to be determined. Fred M. Kellett

To: Mahin M. Samada who wrote (129)	11/12/1997 9:03:00 PM
From: Justin Pressley	Respond to of 522

Well he did a good job.. I bought all the way down today. I kept hoping it would hit a resistance point and bounce back.. But it didn't. Oh well... Long ULBI, JP

To: Mahin M. Samada who wrote (129)	11/12/1997 9:44:00 PM
From: webpilot	Read Replies (1) \| Respond to of 522

Thank you for your information. The facts are...The article appears to greatly discredit the lithium polymer battery technology. Everyone is entitled to their own opinions, including magazine writers, publishers, and editors. Ultralife is not the only player in the game. However it looks like a direct shot at Ultralife. Not one other company was named. Why? Another fact is that there is a tremendous short position in ULBI. Unlike the magazine report, that is a true and powerful fact. Why the damning report on this company? The stock has taken a serious dip. While this will present buying oportunities for some, it most likely forced others to sell, for no reason. I have spoken with someone that has seen this spectacular computer, powered by Ultralife lithium polymer.