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Non-Tech : SFP -- Salton Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Judy Muldawer who wrote (40)	8/2/1999 11:14:00 AM
From: Bruce A. Brotnov	Read Replies (1) \| Respond to of 173

Judy, SFP has support at 22, 20, 18. and I don't really expect it to drop through 22, barring some unexpected bad news or market plunge. I suspect MFs are panicking recently and trying to lock in profits from first 6 months and try to be conservative the last 6 months and still show a nice return for the year. SFP was heavily bought the first 6 months but the secondary provided a reason for the herd to start selling. Typically a stock moves up on a split announcement and then sells off after the split (occurred close of 7/28)and a good stock then often comes roaring back. It is in a down trend at the moment, but I suspect a number of people are merely looking for a bottom to load up. Congrads on Intel hitting all time high today. Bruce