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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (12879)2/27/1998 3:59:00 PM
From: Instock  Read Replies (1) of 79514
 
Doug: Can you take a quick look at FAME ? News today of 20% stock dividend. GREAT Cash position, small float, good earnings, good profit margin, recent News positive as well.

Thanks

Scott

SUN VALLEY, Calif., Feb. 27 /PRNewswire/ -- The Flamemaster Corporation (Nasdaq: FAME - news), today announced that its Board of Directors declared a
special 20% stock dividend to be paid on April 9, 1998 to shareholders of record March 26, 1998. No fractional shares will be issued. Fractional shares will be
paid in cash at the rate of $6.25 per share.

Mr. Joseph Mazin, Flamemaster's CEO stated, ''The Company's solid performance of sustained profitability and success in new product development deserves
recognition.'' Mr. Mazin further stated that ''improving shareholder value continues to be a primary focus of the Company's Board of Directors; the stock dividend
should enhance the stock's liquidity and visibility.''
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