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


To: ST Trader who wrote (78)9/9/1999 9:54:00 AM
From: PJ  Read Replies (1) | Respond to of 173
 
Scott - That is great news. It is remarkable how this company can be cash flow positive considering the considerable growth they've experienced.

Joe the CFO indicated that the SPO is not being considered at this time. This is really the BEST way to handle this. If they can finance operations with minor increases in the revolver, then why PO the shareholders by diluting them? A good midterm stratgy here is to work the DTNW numbers down. In the midterm the debt numbers won't matter. IN the mid-term, we the shareholders will be a happy, sausage-frying lot.

Looking for some appreciation today. Volume was double the average yesterday. For every profit taker, there was a buyer!!



To: ST Trader who wrote (78)9/9/1999 10:48:00 AM
From: Bruce A. Brotnov  Respond to of 173
 
Scott, thanks for the info. The secondary potential is the biggest "physcological" negative hanging over SFP.

Bruce