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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (52453)	3/5/2000 9:01:00 AM
From: Anthony@Pacific	Read Replies (1) \| Respond to of 122087

LOCK<-------- Now we have been putting out sell recommendations on the stock ..since it was only 30 cents and had sales of 30K,, yet moved up to 4 and 5 dollars....IN a frenzy of trading that made it the single most active stock two days in a row..at teh number 1 and two spot..............WE put out a sell recommendation,,,,,advising the public to take advantage of teh inc5rease and sell their shares immediately..due too the misinformation..... BUt it appears that aside from us and a few other very smart shareholders ..the only seller was the CEO of LOCK as is shown in this pr; \----------- BN Saf-T-Lok CEO Gardner Sold All His Stock as Shares Surged Nov 6 1997 13:31 Saf-T-Lok CEO Gardner Sold All His Stock as Shares Surged Tequesta, Florida, Nov. 6 (Bloomberg) -- Saf-T-Lok Inc. Chief Executive John Gardner sold all his shares as the gun lock maker soared following an agreement by weapons manufacturers to include locks on all the firearms they sell. Gardner sold 200,000 shares between Oct. 17 and Oct. 28 for between 2 and 3.225 a share, according to documents filed with the Securities and Exchange Commission. Four other Saf-T-Lok officers and directors sold a total of 318,300 shares, the documents show. The Tequesta, Florida-based company rose as high as 5 3/4 on Oct. 10, as investors bet that a joint agreement between President Bill Clinton and eight leading gun manufacturers to install child-proof safety locks on guns would provide a windfall for the company. The stock fell later as the gunmakers said they didn't plan to buy from Saf-T-Lok. In the meantime, Chairman Frank Brooks sold 179,000 shares from Oct. 9 to Oct. 17 for between 2.72 and 3.53. Treasurer and Secretary Jeffrey Brooks sold 48,000 shares on Oct. 19 for 3.17. Vice president William Schmidt sold 44,300 shares from Oct.10 to Oct. 20 for between 2.531 and 5. Director Eugene Horanoff sold 47,000 shares from Oct. 16 to Oct. 21 for between 3.3125 and 3.5625. None of the executives were immediately available for comment. The shares were unchanged today at 3 1/32. Saf-T-Lok's combination lock, which screws on a handgun's grip, sells for $50 wholesale -- more than the $5 to $10 that the White House estimates the locks will cost. Saf-T-Lok sold 2,000 of its locks in the year they have been distributed through more than 1,000 gun dealers and locksmiths. It has more than 10,000 locks in inventory. For the first six months of 1997, the company lost $673,131, or 12 cents a share, on sales of $33,521. --David Evans in Los Angeles through the New York newsroom (212) 318-2300/kk