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National Presto Industries Inc. Message Board

  • pmlljl pmlljl May 11, 2004 2:28 PM Flag

    Salton postscript

    Last night when I posted a message about Salton, I didn't know that today it would report a loss of $58,000,000 or more than $5.00 per share. They also reported that they breached a credit covenant. Salton is down over $3.00 per share today and now trades at $3 and change. This is a stock that traded at $60 in the year 2000.

    Does anybody who criticized NPK so mercilessly on this board in the last few years want to defend Salton vis-a-vis NPK now? I doubt it!

63.03+0.84(+1.35%)Mar 27 4:02 PMEDT