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Technology Stocks SCCO - Smith Corona

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To: bruiser who wrote (121)	1/14/2000 5:34:00 PM
From: Katelew	of 145

Hi Bruiser.....can you give some of details of WSJ article. In SCCO, but not a subscriber to journal. TIA.

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To: Katie Kommando who wrote (119)	1/14/2000 5:39:00 PM
From: Katelew	of 145

Hi Katie.....I agree!! In 20 yrs. of market trading, I've never seen a Co. with better potential earnings leverage than SCCO. It won't stay ignored forever. Daisy

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To: Katelew who wrote (122)	1/14/2000 5:58:00 PM
From: bruiser	of 145

Sure...basically, the meat of the article touches on the fact that the 'ole typewriter isn't dead. The market is not shrinking but staying flat. It mentions a lot about the need for a typewriter (typing labels, business forms, etc.). Also mentions that most offices still have a typewriter (or 2, 3 4 of them) in it and still be utilized. They talk about the agreement with Office Depot: "Office Depot has introduced a line of display calculators under the Smith Corona name...and other products are in the pipeline. Mr. Bermingham says the agreement shows that the Smith Corona name retains marketing allure". Also mentioned is the trouble Smith Corona had around 1995 with their Ch. 11 protection but have rebounded. It notes that SCCO's losses shrank to $315,000 for fiscal first quarter ending Sept 30 versus a loss of $5.7 million for same period a year earlier. This is more than likely what brought the heavier volume and nice spike today...what we need is news, news, and more news!!! Bruiser

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To: bruiser who wrote (124)	1/14/2000 7:22:00 PM
From: Katelew	of 145

Thanks bruiser......well, I'm in from last week Dec. at 1 1/2 average and will give the new CEO a few quarters to see if he can work the turnaround magic he has at three previous cos. They report next around Feb. 14, btw.

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To: Katelew who wrote (125)	1/15/2000 1:55:00 AM
From: Katie Kommando	of 145

I especially like the part of the article that talks about the new CEO, Bermingham. He is a "turnaround specialist" with several successes under his belt. At Rolodex he led a turnaround before selling it to Newell Corp. for $117 million. He also worked for AT&T and Sony. Katie K.

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To: Katie Kommando who wrote (126)	1/15/2000 2:46:00 PM
From: bruiser	of 145

I really don't think we can go wrong here..stock has been trading flat for quite some time. I entered with a small position and will add as we increase in price. Bermingham has a great track record and I'm sure he'll do well with SCCO.....IMO of course. Bruiser

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To: bruiser who wrote (127)	1/18/2000 11:11:00 AM
From: Bayclipper	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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To: Bayclipper who wrote (128)	1/18/2000 11:38:00 AM
From: bruiser	of 145

Yep...big ouch. Kind of funny how this news comes right after a huge, very positive WSJ article on Friday. As I said, I entered cautiously but will continue to hold. Bruiser

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To: Brad who wrote ()	2/10/2000 1:33:00 PM
From: dexx	of 145

Smith Corona Update! (Nasdaq: SCCO) SCCO says new calculator line is now in Office Depot! Good news for next quarter's earnings. Price right now (.81 x.87) on a float of 2.1 million looks pretty good right now. Dexx

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To: dexx who wrote (130)	2/10/2000 1:43:00 PM
From: IEarnedIt	of 145

Just checked. Not in at my local Office Depot. Maybe on the way? JD

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