LOCK (Saf-T-Lok) Message Board

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Non-Tech : LOCK (Saf-T-Lok)

LOCK 23.99

0.0%

Feb 16 4:00 PM EST

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To: Tekktrader who wrote (742)	6/11/1998 5:44:00 PM
From: Gravitar	of 1039

Chatfield Dean downgrades it recommendation on Saf-T-Lok June 11, 1998 05:37 PM GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--June 11, 1998-- Chatfield Dean & Co., Inc. today downgraded its recommendation on Saf-T-Lok, Inc. LOCK , to a HOLD due to a news release from the Company that the President/CEO, John Gardner, was fired, and due to other news releases regarding various distribution and R&D agreements. Chatfield Dean & Co. still believes Saf-T-Loks proprietary gun locks are excellent; however, more information is needed from Saf-T-Lok on why they have taken such drastic actions. Rating: HOLD Risk Rating: Speculative

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