To: bruiser who wrote (124) | 1/14/2000 7:22:00 PM | From: Katelew | | |
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 | | |
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 | | |
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 | | |
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 | | |
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 | | |
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: Andrew T who wrote (133) | 2/14/2000 5:49:00 PM | From: dexx | | |
ATTENTION ALL !!! Is anyone watching the after market activity on Smith Corona (Nasdaq: SCCO)?
This is one of the most bizarre things I have ever seen in the stock market! Something is going on...takeover? Buyout? I don't know...but something is happening for sure!!!
After hours activity is unbelievable! Price changes up to $4.00/share on a stock that closed at about a dollar.
Anyone with level II should go to the transaction log and look at the trade and price activity after the bell. You won't believe it.
Dexx |
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