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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. ________)*
Salton, Inc.
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(Name of Issuer)
Common Stock, Calls, Covered Calls, Puts, Other Options
--------------------------------------------------------------------------------
(Title of Class of Securities)
795757103
--------------------------------------------------------------------------------
(CUSIP Number)
William Koplovitz, 145 Central Park West, 24C, NYC, NY 10023, (212) 874-0466
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
November 27, 2000
--------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. |_|
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7 for other
parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
CUSIP No. 795757103 SCHEDULE 13D Page 2
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
J C Investments, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |X|
(b) |_|
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF/AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) |_|
n/a - none
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Tennessee
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7 SOLE VOTING POWER
20,000 common/ 27,000 calls
--------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY (with affiliates) 606,000 common/ 36,200 calls
OWNED BY --------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 20,000 common/ 27,000 calls
WITH --------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
(with affiliates) 626,100 common/ 63,200 calls
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.0511 common shares/ .0051 calls
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN (Limited)
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1. Security and Issuer
Class of Equity Securities: common stock
calls
covered calls
puts
options
Name of Issuer: Salton, Inc. (SFP, NYSE)
Principal Executive Office: 550 Business Center Drive
Mount Prospect, IL 60056
Item 2. Identity and Background
Name of Entity: J C Investments, L.P.
State of Organization: Tennessee
Principal Business: Owning, selling and managing equity
investments in various publicly
traded companies
Principal Office Address: 137 Bruce Street, Suite 1,
Sevierville, TN 37862
(d) no
(e) no
Name of General Partner of Entity: Jenco Capital Corporation
State of Organization: Tennessee
Principal Business: Investments
Principal Office Address: 137 Bruce Street, Suite 1,
Sevierville, TN 37862
(d) no
(e) no
Item 3. Source and Amount of Funds or Other Consideration
Source and Amount of Funds used in making the purchases:
Personal Funds of the Entity: $340,000.00
Affiliate Funds: $13,774,420.00
No part of the purchase price is represented by funds or other
consideration borrowed or otherwise obtained.
Item 4. Purpose of Transaction
On November 27, 2000, J C Investments, L.P. (hereinafter "JCI") announced
that its investor group had acquired more than five percent (5%) of Salton, Inc.
(SFP, NYSE) and would soon file proper documentation with the Securities and
Exchange Commission. As set forth in said press release on that date, the
purchases of these shares plus any future purchases would be for investment
purposes. No additional public statements have been made by JCI.
<PAGE>
On November 27, 2000, and in the following three (3) days, representatives
of JCI participated in various telephone conversations, a summary of which
follows:
(1) Representatives of JCI received three (3) phone calls from fund
managers and one (1) additional phone call from an individual shareholder, all
of whom hold a significant amount of shares of Salton, Inc. stock (although
being less than five percent (5%) of the company). The context of these phone
calls centered around Salton's undervaluation as a stock and also the
exploration of the callers' suggestions that JCI take aggressive action in
trying to maximize shareholder value (including the possibility of developing a
specific financial plan to purchase the company). These discussions included the
possibility of offering mutual support and/or the possibility of working in the
future with JCI to accomplish the same. No absolute plans and no written or oral
agreements were conclusively established or entered into.
(2) After these conversations, JCI spoke with two (2) individuals known to
JCI to own significant shares of Salton, Inc. stock (although being less than
five percent (5%) of the company). These conversations covered subject matters
similar to that described above and, together with the two (2) conversations
described below, did nothing to dissuade JCI from considering to take a more
aggressive approach toward the purchase of Salton, Inc. stock and/or exploring
the feasibility of making a bid for the entire company.
(3) Two (2) further conversations (referred to above) took place with
public retail companies who expressed a possible interest in Salton, Inc. or
creating some type of strategic alliance. No agreements, written or oral, and no
definite plans were made or entered into.
As a result of all of the matters described hereinabove, JCI is currently
evaluating its alternatives to determine whether it should increase its position
in Salton, Inc., whether it should communicate with the Board of Directors
either prior to or at its December 13, 2000 shareholder meeting, or whether JCI
can effectively implement a strategic plan to maximize shareholder value. None
of these plans have been finalized or agreed upon, and there is no assurance
that any will be implemented.
Item 5. Interest in Securities of the Issuer
(a) Aggregate Number and Percentage of Class of Securities (all as of
11/27/00):
(1) J C Investments, L.P.
Aggregate Number: 20,000 common shares
5,000 December 20, 2000 calls
22,000 December 25, 2000 calls
Percentage of Class: .0016 common shares
.0022 calls
(2) Jenco Capital Corporation (General Partner of J C
Investments, L.P.)
Aggregate Number: 0 (all classes)
Percentage of Class: 0%
<PAGE>
(3) William and Kay Koplovitz
Aggregate Number: 522,050 common shares
25,200 December 20, 2000 and
December 25, 2000 calls
Percentage of Class: .042798 common shares
.002066 calls
(4) Stephen T. Frost Living Trust
Aggregate Number: 20,000 common shares
Percentage of Class: .0016 common shares
(5) Suzanne L. Frost Living Trust
Aggregate Number: 22,000 common shares
1,000 December, 2000 calls
Percentage of Class: .0018 common shares
.00008 calls
(6) Suzanne L. Frost
Aggregate Number: 3,000 common shares
Percentage of Class: .0002 common shares
(7) Laurie S. Frost
Aggregate Number: 10,250 common shares
Percentage of Class: .0008 common shares
(8) Julie Frost Stangl
Aggregate Number: 10,000 common shares
Percentage of Class: .0008 common shares
(9) David A. Schutz
Aggregate Number: 18,800 common shares
5,000 December 20, 2000 calls
5,000 December 25, 2000 calls
Percentage of Class: .0015 common shares
.0008 calls
<PAGE>
(b) Number of Shares with Sole or Shared Power to Vote/Direct Vote,
Number of Shares with Sole or Shared Power to Dispose/Direct
Disposition
(1) J C Investments, L.P.
Number of Shares with Sole Power to Vote/Direct Vote: 20,000
common 27,000 calls
Number of Shares with Shared Power to Vote/Direct Vote: 0
Number of Shares with Sole Power to Dispose/Direct
Disposition: 20,000 common, 27,000 calls
Number of Shares with Shared Power to Dispose/Direct
Disposition: 0
(2) Jenco Capital Corporation (General Partner of J C Investments,
L.P.)
Number of Shares with Sole Power to Vote/Direct Vote: 0
Number of Shares with Shared Power to Vote/Direct Vote: 0
Number of Shares with Sole Power to Dispose/Direct
Disposition: 0
Number of Shares with Shared Power to Dispose/Direct
Disposition: 0
(3) William and Kay Koplovitz
Number of Shares with Sole Power to Vote/Direct Vote: 522,050
common 25,200 calls
Number of Shares with Shared Power to Vote/Direct Vote: 0
Number of Shares with Sole Power to Dispose/Direct
Disposition: 522,050 common, 25,200 calls
Number of Shares with Shared Power to Dispose/Direct
Disposition: 0
(4) Stephen T. Frost Living Trust
Number of Shares with Sole Power to Vote/Direct Vote: 20,000
common
Number of Shares with Shared Power to Vote/Direct Vote: 0
Number of Shares with Sole Power to Dispose/Direct
Disposition: 20,000 common
Number of Shares with Shared Power to Dispose/Direct
Disposition: 0
(5) Suzanne L. Frost Living Trust
Number of Shares with Sole Power to Vote/Direct Vote: 22,000
common, 1,000 calls
Number of Shares with Shared Power to Vote/Direct Vote: 0
Number of Shares with Sole Power to Dispose/Direct
Disposition: 22,000 common, 1,000 calls
Number of Shares with Shared Power to Dispose/Direct
Disposition: 0
<PAGE>
(6) Suzanne L. Frost
Number of Shares with Sole Power to Vote/Direct Vote: 3,000
common
Number of Shares with Shared Power to Vote/Direct Vote: 0
Number of Shares with Sole Power to Dispose/Direct
Disposition: 3,000 common
Number of Shares with Shared Power to Dispose/Direct
Disposition: 0
(7) Laurie S. Frost
Number of Shares with Sole Power to Vote/Direct Vote: 10,250
common
Number of Shares with Shared Power to Vote/Direct Vote: 0
Number of Shares with Sole Power to Dispose/Direct
Disposition: 10,250 common
Number of Shares with Shared Power to Dispose/Direct
Disposition: 0
(8) Julie Frost Stangl
Number of Shares with Sole Power to Vote/Direct Vote: 10,000
common
Number of Shares with Shared Power to Vote/Direct Vote: 0
Number of Shares with Sole Power to Dispose/Direct
Disposition: 10,000 common
Number of Shares with Shared Power to Dispose/Direct
Disposition: 0
(9) David A. Schutz
Number of Shares with Sole Power to Vote/Direct Vote: 18,800
common, 10,000 calls
Number of Shares with Shared Power to Vote/Direct Vote: 0
Number of Shares with Sole Power to Dispose/Direct
Disposition: 18,800 common, 10,000 calls
Number of Shares with Shared Power to Dispose/Direct
Disposition: 0
(c) Transactions in Securities Effected in Past Sixty (60) Days (No
Prior Filing)
(1) J C Investments, L.P.
Effected by: Harmonic Research
Date: See attached Exhibit A, incorporated herein by reference
Amount of Securities Involved: See attached Exhibit A,
incorporated herein by reference
Price Per Share: See attached Exhibit A, incorporated herein
by reference
Where and How Transaction Effected: Broker execution (Harmonic
Research)
<PAGE>
(2) Jenco Capital Corporation (General Partner of J C Investments,
L.P.)
Effected by: n/a
Date: n/a
Amount of Securities Involved: n/a
Price Per Share: n/a
Where and How Transaction Effected: n/a
(3) William and Kay Koplovitz
Effected by: See attached collective Exhibit B, incorporated
herein by reference
Date: See attached collective Exhibit B, incorporated herein
by reference
Amount of Securities Involved: See attached collective Exhibit
B, incorporated herein by reference
Price Per Share: See attached collective Exhibit B,
incorporated herein by reference
Where and How Transaction Effected: See attached collective
Exhibit B, incorporated herein by reference
(4) Stephen T. Frost Living Trust
Effected by: Fidelity
Date: 9/26/00
Amount of Securities Involved: Sold 1,000 common shares
Price Per Share: $32 5/16
Where and How Transaction Effected: Broker execution
(Fidelity)
Effected by: Fidelity
Date: 9/27/00
Amount of Securities Involved: Sold 10 SFPJF (Oct 30 calls)
Price Per Share: 2 1/16
Where and How Transaction Effected: Broker execution
(Fidelity)
Effected by: Fidelity
Date: 9/28/00
Amount of Securities Involved: Sold 1,000 common shares
Price Per Share: $30 9/16
Where and How Transaction Effected: Broker execution
(Fidelity)
Effected by: Fidelity
Date: 10/11/00
Amount of Securities Involved: Bought 10 SFPJF (Oct 30 calls)
Price Per Share: 9/16
Where and How Transaction Effected: Broker execution
(Fidelity)
<PAGE>
(5) Suzanne L. Frost Living Trust
Effected by: Fidelity
Date: 9/25/00
Amount of Securities Involved: Sold 500 common shares
Price Per Share: $32 5/16
Where and How Transaction Effected: Broker execution
(Fidelity)
Effected by: Fidelity
Date: 9/25/00
Amount of Securities Involved: Sold 500 common shares
Price Per Share: $32 1/2
Where and How Transaction Effected: Broker execution
(Fidelity)
Effected by: Fidelity
Date: 9/26/00
Amount of Securities Involved: Sold 1,000 common shares
Price Per Share: $33 5/8
Where and How Transaction Effected: Broker execution
(Fidelity)
Effected by: Fidelity
Date: 11/21/00
Amount of Securities Involved: Bought 10 SFPED (May 20 calls)
Price Per Share: $5 3/8
Where and How Transaction Effected: Broker execution
(Fidelity)
Effected by: Fidelity
Date: 11/22/00
Amount of Securities Involved: Bought 10SFPLW (Dec 17.5 calls)
Price Per Share: $2 7/8
Where and How Transaction Effected: Broker execution
(Fidelity)
(6) Suzanne L. Frost
Effected by: Charles Schwab & Co, Inc.
Date: approximately 11/99
Amount of Securities Involved: Bought 3,000 common shares
Price Per Share: $11.29 average cost estimate
Where and How Transaction Effected: Broker Execution (Schwab)
(7) Laurie S. Frost
Effected by: Fidelity
Date: 11/8/00
Amount of Securities Involved: Bought 500 common shares
Price Per Share: $24 1/2
Where and How Transaction Effected: Broker execution
(Fidelity)
<PAGE>
(8) Julie Frost Stangl
Effected by: Fidelity
Date: 9/27/00
Amount of Securities Involved: Sold 750 common shares
Price Per Share: $30 5/16
Where and How Transaction Effected: Broker execution
(Fidelity)
Effected by: Fidelity
Date: 9/28/00
Amount of Securities Involved: Sold 750 common shares
Price Per Share: $30 9/16
Where and How Transaction Effected: Broker Execution
(Fidelity)
Effected by: Fidelity
Date: 9/28/00
Amount of Securities Involved: Sold 750 common shares
Price Per Share: $30 9/16
Where and How Transaction Effected: Broker execution
(Fidelity)
Effected by: Fidelity
Date: 9/28/00
Amount of Securities Involved: Sold 750 common shares
Price Per Share: $30 3/4
Where and How Transaction Effected: Broker execution
(Fidelity)
Effected by: Fidelity
Date: 11/8/00
Amount of Securities Involved: Bought 500 common shares
Price Per Share: $22 3/4
Where and How Transaction Effected: Broker execution
(Fidelity)
Effected by: Fidelity
Date: 11/17/00
Amount of Securities Involved: Bought 1000 common shares
Price Per Share: $21 1/4
Where and How Transaction Effected: Broker execution
(Fidelity)
Effected by: Fidelity
Date: 11/17/00
Amount of Securities Involved: Bought 250 common shares
Price Per Share: $21 3/16
Where and How Transaction Effected: Broker execution
(Fidelity)
<PAGE>
(9) David A. Schutz
Effected by: Harmonic Research
Date: See attached Exhibit C, incorporated herein by reference
Amount of Securities Involved: See attached Exhibit C,
incorporated herein by reference
Price Per Share: See attached Exhibit C, incorporated herein
by reference
Where and How Transaction Effected: Broker execution (Harmonic
Research)
(d) n/a
(e) n/a
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
Jenco Capital Corporation, a Tennessee corporation, is the general partner
of J C Investments, L.P., a Tennessee limited partnership. The limited partners
include William Koplovitz and Stephen Frost. Jenco Capital Corporation, as the
general partner of J C Investments, L.P., as provided in the Limited Partnership
Agreement, has the power to transfer and vote the securities held in Salton,
Inc. Under the Limited Partnership Agreement of J C Investments, L.P., each
limited partner owns 49.5% of the profits and equally shares in 49.5% of the
losses. The general partner owns 1% of the profits, and shares in 1% of the
losses.
Stephen Frost, as Trustee of the Suzanne L. Frost Living Trust, on behalf
of the Suzanne L. Frost Living Trust, has the power to transfer and vote the
securities held in Salton, Inc. Stephen Frost, as Trustee of the Stephen T.
Frost Living Trust, on behalf of the Stephen T. Frost Living Trust, has the
power to transfer and vote the securities held in Salton, Inc. Stephen Frost,
under a power of attorney, has the power to transfer and vote the securities
held in Salton, Inc. on behalf of Suzanne L. Frost. Stephen Frost, as the
custodian of Laurie S. Frost, has the power to transfer and vote the securities
held in Salton, Inc. on behalf of Laurie S. Frost.
William and Kay Koplovitz, individually and jointly, the Stephen T. Frost
Living Trust, the Suzanne L. Frost Living Trust, Suzanne L. Frost, Laurie S.
Frost, Julie Frost Stangl, and David A. Schutz have joined J C Investments, L.P.
as affiliates thereof in order to explore the alternatives listed in Item 4,
above. Each party hereto shall share in the profits and losses according to the
pro rata share of funds/securities contributed to the cause.
Item 7. Material to Be Filed as Exhibits.
See attached collective Exhibits A through C which are specifically
incorporated herein by this reference.
<PAGE>
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Date: Dec. 5, 2000
--------------
J C Investments, L.P.
By: Jenco Capital Corporation, General Partner
By: /s/ Jon E. Nix
----------------------------------
Jon E. Nix, President
<PAGE>
COVER SHEET FOR
"EXHIBIT A"
- Includes J C Investment, L.P. sixty day
run of activity of Salton, Inc. trades
from 9/27/00 through 11/27/00
<PAGE>
EXHIBIT A: J C INVESTMENTS, L.P. SIXTY DAY RUN
<TABLE>
<CAPTION>
Date: Effected By: Amount Involved: Price per Share: When & How Effected:
--------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
11/02/00 Harmonic Research Bought 1,300 common shares 26.56 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/02/00 Harmonic Research Bought 700 common shares 26.63 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/03/00 Harmonic Research Bought 1,500 common shares 27.00 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/03/00 Harmonic Research Bought 500 common shares 27.00 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/06/00 Harmonic Research Sold 1,300 common shares 30.50 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/06/00 Harmonic Research Sold 700 common shares 30.50 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/06/00 Harmonic Research Sold 1,500 common shares 30.06 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/06/00 Harmonic Research Sold 500 common shares 30.13 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/07/00 Harmonic Research Bought 2,500 common shares 27.63 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Bought 2,500 common shares 24.50 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Bought 1,500 common shares 24.99 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Bought 500 common shares 22.50 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Bought 3,000 common shares 23.38 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Bought 2,500 common shares 24.50 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Bought 900 common shares 22.50 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Bought 700 common shares 23.38 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Bought 900 common shares 22.50 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Bought 1,300 common shares 23.38 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Bought 2,700 common shares 22.50 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Sold 2,500 common shares 23.63 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Sold 2,500 common shares 23.63 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/09/00 Harmonic Research Sold 1,500 common shares 24.00 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/09/00 Harmonic Research Sold 500 common shares 24.00 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/09/00 Harmonic Research Sold 3,000 common shares 24.00 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/10/00 Harmonic Research Bought 3,000 common shares 22.44 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/10/00 Harmonic Research Bought 2,000 common shares 22.50 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/13/00 Harmonic Research Sold 2,500 common shares 21.56 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/13/00 Harmonic Research Sold 900 common shares 21.56 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/13/00 Harmonic Research Sold 700 common shares 21.69 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/13/00 Harmonic Research Sold 900 common shares 21.63 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/14/00 Harmonic Research Bought 5,000 common shares 23.38 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/14/00 Harmonic Research Bought 1,000 common shares 22.06 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/21/00 Harmonic Research Bought 5,000 common shares 19.75 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/02/00 Harmonic Research Bought 20 Dec 25 calls 4.88 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/03/00 Harmonic Research Bought 20 Dec 25 calls 5.00 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/13/00 Harmonic Research Bought 50 Dec calls 4.63 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/14/00 Harmonic Research Bought 80 Dec 25 calls 1.94 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/14/00 Harmonic Research Sold 50 Dec calls 2.56 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/16/00 Harmonic Research Bought 50 Dec 25 calls 1.44 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/16/00 Harmonic Research Bought 50 Dec 25 calls 1.88 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/16/00 Harmonic Research Bought 20 Dec 20 calls 4.38 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/16/00 Harmonic Research Bought 30 Dec 20 calls 4.63 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/02/00 Harmonic Research Bought 20 Dec 25 puts 3.13 Broker Execution
--------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Sold 20 Dec 25 puts 3.75 Broker Execution
--------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
COVER SHEET FOR
"COLLECTIVE EXHIBIT B"
- Includes William and Kay Koplovitz stock ownership in
Salton, Inc. [common stock and calls (exercisable over the
next sixty days as "beneficial ownership")]
-Also includes sixty day run of activity of Salton, Inc. trades
from 9/27/00 through 11/27/00
<PAGE>
EXHIBIT B
TOTAL SALTON, INC. OWNERSHIP BY WILLIAM & KAY KOPLOVITZ
As of close on 11/27/00
(1) Stifel Nicolaus and Co, Inc. Brokerage Firm
Common Shares Long Calls Covered Calls
------------- ---------- -------------
294,700 common 37 Dec. 25 calls 130 Feb. 35 calls
25 Dec. 20 calls 70 May 35 calls
---------------- 70 Feb. 50 calls
6,200 calls (L) ----------------
27,000 covered calls (S)
(2) Gruntal Brokerage Firm
Common Shares Long Calls Covered Calls
------------- ---------- -------------
16,500 common 140 Dec. 25 calls 40 Feb. 35 calls
----------------- 20 May 25 calls
40 May 221/2calls
14,000 (L) -----------------
10,000 covered calls (S)
(3) Harmonic Research Brokerage Firm
Common Shares Long Calls Covered Calls
------------- ---------- -------------
8,000 common 0 15 Feb. 35 calls
35 Feb. 40 calls
----------------
5,000 covered calls (S)
(4) Paine Webber Brokerage Firm
Common Shares Long Calls Covered Calls
------------- ---------- -------------
202,850 common 50 Dec. 25 calls 50 Feb. 35 calls
60 May 35 calls
60 May 40 calls
80 Feb. 40 calls
----------------
25,000 covered calls (S)
<PAGE>
EXHIBIT B: WILLIAM & KAY KOPLOVITZ SIXTY DAY RUN SHEET
<TABLE>
<CAPTION>
Date: Effected By: Amount Involved: Price per Share: When & How Effected:
------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
11/07/00 Paine Webber Bought 2,500 common 27.69 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/14/00 Paine Webber Bought 8,000 common 22.06 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/15/00 Paine Webber Bought 2,200 common 20.69 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/07/00 Harmonic Research Bought 1,000 common 27.69 Broker Execution
------------------------------------------------------------------------------------------------------------------
10/10/00 Harmonic Research Sold 15 Feb 35 calls 3.00 Broker Execution
------------------------------------------------------------------------------------------------------------------
10/05/00 Harmonic Research Sold 35 Feb 40 calls 2.69 Broker Execution
------------------------------------------------------------------------------------------------------------------
10/03/00 Paine Webber Bought 2,000 common 30.69 Broker Execution
------------------------------------------------------------------------------------------------------------------
10/04/00 Paine Webber Bought 700 common 30.69 Broker Execution
------------------------------------------------------------------------------------------------------------------
10/04/00 Paine Webber Bought 2,000 common 31.00 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/24/00 Paine Webber Bought 1,400 common 17.88 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/24/00 Paine Webber Bought 1,000 common 19.06 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/24/00 Paine Webber Bought 2,200 common 19.13 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/27/00 Paine Webber Bought 1,500 common 18.88 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/27/00 Paine Webber Bought 1,100 common 19.63 Broker Execution
------------------------------------------------------------------------------------------------------------------
10/05/00 Paine Webber Sold 50.00 QSFPBG 3.50 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/16/00 Paine Webber Sold 50.00 calls Salton 1.56 Broker Execution
------------------------------------------------------------------------------------------------------------------
10/05/00 Paine Webber Sold 50.00 QSFPBG 4.00 Broker Execution
------------------------------------------------------------------------------------------------------------------
10/18/00 Paine Webber Sold 60.00 QSFPEG 3.08 Broker Execution
------------------------------------------------------------------------------------------------------------------
10/18/00 Paine Webber Sold 60.00 QSFPEH 2.25 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/16/00 Paine Webber Bought 50.00 QSFPLE 2.00 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/16/00 Gruntal & Co. Bought 140 Dec 25 calls 1 7/8 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/16/00 Gruntal & Co. Bought 20 Feb 35 calls 7/8 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/16/00 Gruntal & Co. Bought 20 May 22 1/2 calls 5 1/4 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/13/00 Gruntal & Co. Bought 33 Feb 35 calls 7/8 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/13/00 Gruntal & Co. Bought 60 Feb 40 calls 5/8 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/13/00 Gruntal & Co. Sold 20 May 25 calls 3 5/8 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/13/00 Gruntal & Co. Sold 60 May 22 1/2 calls 4 1/4 Broker Execution
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11/07/00 Gruntal & Co. Bought 1200 common 27 11/16 Broker Execution
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10/20/00 Gruntal & Co. Sold 1,900 common 27 15/16 Broker Execution
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10/16/00 Gruntal & Co. Sold 1,100 common 26 3/8 Broker Execution
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10/16/00 Gruntal & Co. Sold 28 Feb 35 calls 2 5/8 Broker Execution
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10/11/00 Gruntal & Co. Sold 20 Feb 35 calls 2 13/16 Broker Execution
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10/11/00 Gruntal & Co. Sold 20 Feb 40 calls 2.00 Broker Execution
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10/10/00 Gruntal & Co. Sold 15 Feb 35 calls 3 1/8 Broker Execution
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10/09/00 Gruntal & Co. Sold 30 Feb 35 calls 3 3/4 Broker Execution
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10/09/00 Gruntal & Co. Sold 40 Feb 40 calls 2 3/16 Broker Execution
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10/05/00 Gruntal & Co. Sold 500 common 31 5/8 Broker Execution
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10/04/00 Gruntal & Co. Sold 600 common 30 7/8 Broker Execution
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10/04/00 Gruntal & Co. Sold 300 common 30 5/8 Broker Execution
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10/04/00 Gruntal & Co. Sold 200 common 30 5/8 Broker Execution
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09/29/00 Gruntal & Co. Sold 1,000 common 33 3/4 Broker Execution
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11/07/00 Paine Webber Bought 1,500 common 27.69 Broker Execution
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10/05/00 Paine Webber Sold 30.00 QSFPBG 4.00 Broker Execution
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11/16/00 Paine Webber Sold 30.00 Call Salton 1.56 Broker Execution
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10/05/00 Paine Webber Sold 20.00 QSFPBG 4.00 Broker Execution
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11/16/00 Paine Webber Sold 20.00 Call Salton 0.63 Broker Execution
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11/16/00 Paine Webber Bought 20.00 QSFPBG 1.56 Broker Execution
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10/05/00 Paine Webber Sold 50.00 QSFPBH 2.38 Broker Execution
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10/11/00 Paine Webber Sold 30.00 QSFPBH 1.75 Broker Execution
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</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------
11/13/00 Paine Webber Sold 26.00 QSFPEE 3.88 Broker Execution
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11/16/00 Paine Webber Sold 26.00 Call Salton 3.25 Broker Execution
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11/16/00 Paine Webber Bought 20.00 QSFPEE 4.50 Broker Execution
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10/13/00 Stifel Nicolaus Sold 20 Nov 25 puts 2.75 Broker Execution
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10/12/00 Stifel Nicolaus Sold 20 Feb 50 calls 0.75 Broker Execution
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10/12/00 Stifel Nicolaus Sold 30 Feb 35 calls 2.75 Broker Execution
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10/12/00 Stifel Nicolaus Sold 50 Feb 35 calls 2.75 Broker Execution
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10/12/00 Stifel Nicolaus Sold 50 Feb 35 calls 3.00 Broker Execution
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10/09/00 Stifel Nicolaus Sold 50 Feb 35 calls 3.50 Broker Execution
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10/05/00 Stifel Nicolaus Sold 50 Feb 50 calls 1.25 Broker Execution
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10/05/00 Stifel Nicolaus Sold 30 Feb 35 calls 3.50 Broker Execution
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10/04/00 Stifel Nicolaus Sold 70 Feb 35 calls 3.07 Broker Execution
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10/04/00 Stifel Nicolaus Sold 50 Nov 35 calls 1.15 Broker Execution
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10/04/00 Stifel Nicolaus Bought 20 Nov 25 puts 0.81 Broker Execution
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10/04/00 Stifel Nicolaus Sold 2,000 common 31.25 Broker Execution
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10/04/00 Stifel Nicolaus Sold 3,000 common 30.59 Broker Execution
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10/04/00 Stifel Nicolaus Sold 4,000 common 31.88 Broker Execution
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10/04/00 Stifel Nicolaus Sold 5,000 common 30.58 Broker Execution
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10/04/00 Stifel Nicolaus Sold 5,000 common 30.50 Broker Execution
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10/04/00 Stifel Nicolaus Sold 6,000 common 30.69 Broker Execution
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11/08/00 Stifel Nicolaus Bought 3,000 common 24.88 Broker Execution
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11/07/00 Stifel Nicolaus Bought 8,000 common 27.69 Broker Execution
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10/18/00 Stifel Nicolaus Sold 70 May 35 calls 3.13 Broker Execution
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11/24/00 Stifel Nicolaus Bought 1,000 common 19.25 Broker Execution
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11/21/00 Stifel Nicolaus Bought 25 Dec 25 calls 1.56 Broker Execution
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11/20/00 Stifel Nicolaus Bought 50 Nov 35 calls EXP 11/18/00 Broker Execution
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11/20/00 Stifel Nicolaus Bought 25 Dec 20 calls 4.25 Broker Execution
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11/20/00 Stifel Nicolaus Bought 12 Dec 25 calls 2.06 Broker Execution
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11/17/00 Stifel Nicolaus Bought 5,000 common 21.44 Broker Execution
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11/16/00 Stifel Nicolaus Bought 150 Feb 35 calls 1.29 Broker Execution
------------------------------------------------------------------------------------------------------------------
11/16/00 Stifel Nicolaus Bought 50 Feb 20 calls 4.88 Broker Execution
------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
COVER SHEET FOR
"EXHIBIT C"
- Includes David A. Schutz sixty day run
of activity of Salton, Inc. trades
from 9/27/00 through 11/27/00
<PAGE>
EXHIBIT C: DAVID A. SCHUTZ SIXTY DAY RUN SHEET
<TABLE>
<CAPTION>
Date: Effected By: Amount Involved: Price per Share: When & How Effected:
--------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
09/06/00 Harmonic Research Bought 600 common shares Transfer from Separate Acct. Broker Execution
--------------------------------------------------------------------------------------------------------------------------
09/06/00 Harmonic Research Bought 1,900 common shares Transfer from Separate Acct. Broker Execution
--------------------------------------------------------------------------------------------------------------------------
09/06/00 Harmonic Research Bought 1,000 common shares Transfer from Separate Acct. Broker Execution
--------------------------------------------------------------------------------------------------------------------------
09/06/00 Harmonic Research Bought 200 common shares Transfer from Separate Acct. Broker Execution
--------------------------------------------------------------------------------------------------------------------------
09/06/00 Harmonic Research Bought 1,000 common shares Transfer from Separate Acct. Broker Execution
--------------------------------------------------------------------------------------------------------------------------
09/06/00 Harmonic Research Bought 1,800 common shares Transfer from Separate Acct. Broker Execution
--------------------------------------------------------------------------------------------------------------------------
09/18/00 Harmonic Research Sold 600 common shares 35.75 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
09/18/00 Harmonic Research Sold 1,900 common shares 35.50 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
09/25/00 Harmonic Research Sold 1,000 common shares 33.25 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
09/25/00 Harmonic Research Sold 200 common shares 33.38 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
09/25/00 Harmonic Research Sold 1,000 common shares 33.00 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Bought 1,200 common shares 24.50 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
11/08/00 Harmonic Research Bought 3,800 common shares 24.50 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
11/16/00 Harmonic Research Bought 2,100 common shares 21.19 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
11/16/00 Harmonic Research Bought 600 common shares 21.19 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
11/16/00 Harmonic Research Bought 1,900 common shares 21.00 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
11/16/00 Harmonic Research Bought 400 common shares 21.13 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
11/20/00 Harmonic Research Sold 1,800 common shares 19.75 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
11/20/00 Harmonic Research Sold 1,200 common shares 19.75 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
11/27/00 Harmonic Research Bought 10,000 common shares 17.00 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
11/16/00 Harmonic Research Bought 50 May 17 1/2 calls 7.13 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
11/16/00 Harmonic Research Bought 20 Dec 20 calls 4.00 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
11/16/00 Harmonic Research Bought 30 Dec 20 calls 4.38 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
11/16/00 Harmonic Research Bought 50 Dec 25 calls 1.56 Broker Execution
--------------------------------------------------------------------------------------------------------------------------
</TABLE>
