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Non-Tech : LOCK (Saf-T-Lok) -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (1008)6/18/1999 6:08:00 PM
From: WallStreetTips  Read Replies (1) | Respond to of 1039
 
LOCK >>> Anthony, This is not Intel or Yahoo or IBM but

Is a niche player in a huge market. It is shocking to know how many people in this country and Europe owns guns. After recent sad incident of Columbine High School shooting and many other incidents where kids play with their parents guns, more people will lean towards carefullness. Gun owners will buy protective devices not only for their safety but for safety of their family and others. Kids in the house could start playing with gun that they get their hands on and could hurt themselves or others.
Government will force usage of safety devices too so as to avoid some of such incidents.
I bought some LOCK shares knowing that this company is not going to be next Intel or GE but it definitely is a company which could grow just purely because of some recent incidents and president Clinton's support towards use of gun locks.

I know this stock will never be at $15 but yes it is a good takeover candidate for any gun manufacturer. Also the company will be announcing some deals in near future as they should be seeing good business from various police and govt. agencies.
Selling on Yahoo will not generate much sales per you but don't underestimate the power of Net and Yahoo.

Just my views.