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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (385)	2/3/1998 8:31:00 PM
From: Ken W	Read Replies (1) of 29382

Sergio, Wow, your fingers must really be tired from typing all of that! LOCK: Jeez right up my ally. Wild Bill said that gun locks should be mandated on the federal level to all law enforcement weapons issued. Bang (forgive the pun) stock goes from .50 to 3.50 in one day. LOCK is news driven. A release or two each week is par, Short interest is decreasing Jan from Dec. by about 100k still at 400K on float of 3.8 million. Co. has never made money but feels that that will change real soon. Law Enforcement middle class America is the market interest. Thus far they have hit six for six on orders from law enforcement. CEO says he wants to touch base with all 13,000 law enforcement agencies in USA. An huge task with only 7 employees, but wait They have hired reps to do this for them. (good move) and are increasing the number of gun dealers and repair people to their base of marketing. Perhaps WalMart and such would be a help, they are looking there too. LOCK does have a very aggressive business plan and seems to be following it well. There is a matter of law suits however, three in all, two that have been settled and one still pending. One was settled with the issuance of restricted shares ( a nominal amount) the other is undisclosed. FA wise this stock is horrible. If they can pull off the law enforcement mandates and hold the niche that they presently have off they go. If S&W or some of the other big guys come along with something a bit better or cheaper, out we go.. For now this looks good just for it's trading value on news pops. Long term...yuk...I do like their product and would use it. Not meaning to jump ahead of you Red. You have all my envy after the MON play. I will watch you closely. Ken W

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