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Technology Stocks : SCCO - Smith Corona
SCCO 117.64+1.1%Oct 11 9:30 AM EDT

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To: bruiser who wrote (127)1/18/2000 11:11:00 AM
From: Bayclipper  Read Replies (1) of 145
 
OUCH! Tuesday January 18, 3:10 am Eastern Time

Smith Corona sees shortfall, considers options

NEW YORK, Jan 18 (Reuters) - Typewriter company Smith Corona Corp.
(NasdaqSC:SCCO - news) said Monday it expects its second fiscal quarter results to be
below its expectations and that these shortfalls may impair its ability to finance operations.

The Cortland N.Y.-based company said it expects the loss for the quarter to fall between $2 million and $3.5 million, on sales
of about $7.7 million. That compares with a loss of $6.3 million for the same period last year.
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