Smith Corona (SCO) Message Board

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Microcap & Penny Stocks : Smith Corona (SCO)

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To: who wrote ()	5/15/1996 9:13:00 AM
From: Stock Puppy	of 10

Brand with fond memories: typewriters, little word processors. Sad they're in cpt.11 ("vj" before their symbol in WSJ) They recently announced earnings (at least I saw it yesterday in the paper :-)) They may show a gain, but read the fine print, it's from sale of something; haven't done the #'s, if you don't include the sale, I'll bet they still have a good lose. (Someone please correct me if I'm wrong!) At 3/8, very tempting, but some research is necessary to figure if they will (or want to) recover. Some companies recover from bankruptcy, and as part of their recovery, the old shares are worthless (article in last sunday's NY Times about it).

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