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Non-Tech : SFP -- Salton Inc.

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To: PJ who wrote (58)	8/27/1999 12:55:00 PM
From: Bruce A. Brotnov	Read Replies (1) of 173

PJ, I was looking at pre-split numbers in Zacks. The year estimate is 2.82 (NOT 4.14 before the 3:2 split) and .29 for the 1Q next week. If the next 3 quarters were even the average earnings (by est) would be (2.82 - .29)/3 = .84 per quarter. So this quarter needs to beat the .29 as it will be less than .36 (.54 split adjusted) number from 4Q. Sorry about the numbers as the earlier one were before the split. If they have a secondary they will also dilute the earnings down the road and the street may have factored this in as well. I am still looking for $28 support to be a key holding point. Bruce

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