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


To: webpilot who wrote (183)3/4/1998 1:44:00 AM
From: Javelyn Bjoli  Read Replies (1) | Respond to of 522
 
Seems like the extra cash is to help out with their being unable to crank out enough batteries for the Mitsubishi notebook computer. Here's a customer all lined up, who had to redesign with another supplier because ULBI couldn't deliver enough product. Gathering the resources to go after a known customer (plus HP selling the same model) seems like it could only be good in the long term. Any short-term downside (dilution) is probably going to be swamped by the general market downtrend anyway, if we come back to Dow <8000 over the next 6 weeks.