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


To: PJ who wrote (44)8/19/1999 10:46:00 AM
From: Howard Shlom  Read Replies (1) | Respond to of 173
 
PJ

I finally stopped watching and bought today.

Here is that full press release from yahoo.
biz.yahoo.com

Howie

Wednesday August 18, 10:26 am Eastern Time

RESEARCH ALERT-Salton upgraded to top pick

NEW YORK, Aug 18 (Reuters) - Donaldson Lufkin & Jenrette on
Wednesday said it upgraded shares of Salton Inc. to top pick from
buy.

-- Shares of Salton, a maker of small appliances, rose 2-3/16 to 26-7/8 on the New York Stock
Exchange, off its 52-week high of 33-9/16.

-- Earlier this month, the company said it sees 1999 earnings ahead of market estimates. Wall Street
expects operating earnings of $2.17 a share for the year, according to First Call/Thomson Financial.

-- The company also postponed a secondary stock offering due to its low stock price.