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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (14267)3/1/1999 9:25:00 PM
From: Lawrence Burg  Respond to of 29382
 
Yes, I did read the release. I work for the US Navy. Do you understand that GSA items are a way to streamline purchases of commercial-off-the-shelf items? I know full well that it's not a hard and fast order like most folks are used to, however, respect that

1) it eliminates the need for individual purchase contracts for the locks; i.e., no development of specifications, solicitation for bids, award process, ad infinitum. If the need arises, you go to the GSA catalog and select a Saf-T-Lok. It's approved within the Federal Supply chain. I'm not gonna hype buy implying that they have various Federal agencies lined up to purchase these babies, I have no clue. But, if any agencies should need to buy them, this makes it very easy.

2) it is an unspoken endorsement of the Saf-T-Lock device over others in the field competing in this whole vague arena of firearm safety.

You can trade it for sure, and as I mentioned elsewhere you'd be very safe, as the geenral trend is up. So, if you get stuck behind on a buy, if you wait it out, the price will catch up. The trend is your friend. My goal at some point along the way will be to regain a majority of my capital and ride out the freebies, but I expect that I'll only need to cash out about 30% of my shares to do that.

Note also the violence of the price swings on a 2 year chart in the past, vice the gradual turn leading up to today. I gotta stick my neck out and say it's different...:o)

Good Luck



To: Ken W who wrote (14267)3/4/1999 1:29:00 AM
From: scouser  Read Replies (3) | Respond to of 29382
 
LOCK , Ken just as you predicted , down 25% eom
John