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

To: webpilot who wrote (160)	1/13/1998 3:57:00 PM
From: Greg Werlinich	Respond to of 522

Web - It has been my personal belief that once they prove that their rechargeable battery works, and that they can make it repeatably in large quantities on their new line, that they would be up for grabs. I also believe that they will get at least $50. It could also easily be a $100 stock if they can get another line up and running in a reasonable time frame. We shall see. Greg

To: webpilot who wrote (160)	1/15/1998 12:47:00 PM
From: Javelyn Bjoli	Read Replies (2) \| Respond to of 522

looks like Ultralife is not producing product fast enough... ********************************************************* Mitsubishi Electric Develops Battery For Mininotebook PC January 15, 1998 Nikkei English News via Individual Inc. : TOKYO (Nikkei)-- Mitsubishi Electric Corp. (6503) and GS-Melcotec Co., a Mitsubishi Electric and Japan Storage Battery Co. (6931) joint venture, have developed a thin, rechargeable lithium-ion battery for Pedion, Mitsubishi Electric's ultrathin notebook. A U.S. manufacturer had been supplying Mitsubishi Electric rechargeable, sheet-type, polymer-lithium-ion batteries for its notebook PCs. Manufacturing difficulties have limited battery production, however, creating a backlog at Mitsubishi Electric of about 6,000 units. Mitsubishi Electric is pushing to have its U.S. supplier increase production, but has also begun purchasing the new batteries from GS-Melcotec which began manufacturing in January. GS-Melcotec plans to double monthly production to 8,000 units by March. (The Nikkei Industrial Daily Wednesday edition) <<Nihon Keizai Shimbun, Inc. -- 01-14-98>>