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: TsioKawe who wrote (945)	5/19/1999 9:31:00 PM
From: lindend	Read Replies (1) of 1039

TK, Now this is more like it. Discussion and debate about facts, not ra ra, LOCK is going to the moon. Thanks! It appears LOCK has over $2 million in inventory stock You appear to be correct. Assuming this inventory conforms to the spec defined by the legislation (and we don't have the spec yet). Right now, its a dead weight that LOCK can't move, and IMHO, won't ever be able to move at a profit. it has entered into negotiations to obtain additional capital. First, this is likely to be an ugly floorless convertible given LOCK's financial health (or lack thereof). Second, the Q report was only addressing marketing to government agencies. Consumer marketing is dramatically more expensive and far beyond LOCK's financial capabilities. obtaining a five-year contract easing the way Why would the Federal government or any state agency enter into an agreement with a company that is likely to be out of business before delivery? Anything could happen as you well know True, but IMHO, the facts dictate the chances of LOCK succeeding are less than microscopic.

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