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To: Gary1046 who wrote (6684)7/28/1998 3:29:00 PM
From: Trooper  Read Replies (1) | Respond to of 25711
 
Got this mailed to me.

SLAGER RESEARCH Special Situation
INSTITUTIONAL RESEARCH Rating: BUY!
Devin Slager (214) 528-0753 July 27. 1998

SLS INDUSTRIES, Inc. (SLSI- $.34)

INVESTMENT CONCLUSION

We are initiating coverage of SLS (Scientific Lighting Solutions) Industries, Inc. with a Buy recommendation. The company has developed a 150, 200, and 250 watt electronic ballast for High Intensity Discharge (HID) lighting with a unique continuous dimming capability. It is a technologically superior product to existing magnetic copper core/coil ballasts, that generates sufficient electrical savings and redefines performance for industrial and commercial lighting. SLS is presently completing its final design of a 320-400 watt HID electronic ballast which will also feature continuos dimming. Our October 1998 price target for SLS Industries is $1.00 per share with an upward revision to $2.00 per share when a major contract from a large OEM lighting fixture company is secured.