PRIOR TARGETS: ( A blast from the past)
Friday October 10 10:58 AM EDT
Company Press Release
Key West Securities, Inc. Re-Iterates Its Sell Recommendation
HURST, Texas--(BUSINESS WIRE)--Oct. 10, 1997--Mr. Gardner, president of SAF-T-LOK (Nasdaq:LOCKC), stated in an interview with Bloomberg today that the company will not be able to maintain its listing on NASDAQ.
Key West would like to also point out to the investing community that SAF-T-LOKS can be opened by any child that knows his or her numbers, simply going through each possible combination in less than 2 hours. (We did it in 46 minutes).
Chief Analyst T.I. Elgindy at Key West was quoted, ''When this frenzy burns out, and it will burn out, it is the public who loses the most.''
As mentioned in the Bloomberg story as of 9:35 a.m. today, Kevin Foley, VP of Product Engineering at Smith & Wesson Corp., said, ''It cannot be relied on to prevent unauthorized use of a firearm.''
LOCK - SAF T LOCK INC Exchange: NASDAQ Delay: at least 15 minutes Last Price: 1 3/16 at 15:53 EST Change: Up 1/32 (+2.70%) High: 1 3/8 at 9:30 EST Low: 1 3/16 at 14:24 EST Open: 1 3/8 Previous Close: 1 5/32 on 1/19 Volume: 382,900 30-Day Avg. Volume: 174,000 Shares Outstanding: 13,610,000 52-Week High: 6 52-Week Low: 0.87 Beta: Not Available Yield: Nil P/E Ratio: Not Material EPS: -0.84 Currency Units: US Dollar
S&P Comstock
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