To: Alan Boyd who wrote (117) | 1/4/2000 3:32:00 PM | From: Guy. | | |
The several last days i saw a lot of buys. Today there are several sells.
I read all the interview with John and i liked what i saw. The only problem is that it might take some time till this stock is discovered and i am asking myself if it wouldn't be better to play with that money for a while.
Guy |
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To: Katie Kommando who wrote (119) | 1/14/2000 5:39:00 PM | From: Katelew | | |
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 | | |
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 | | |
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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